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Sunday
21 December 2014
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   TODAY'S STORIES
 
SLUGCATCHER 
The era of the oil-price yo-yo


IF YOU believe some of the recent comments about what’s happening in the oil market you might accept the argument that we’re in for an endurance race, though if you follow Slugcatcher’s reasoning the future might be more like riding a yo-yo – up one day, down the next.
Full Story...


MORE SLUGCATCHER

The oil patch’s new Great Uncertainty


OPEC lets the market take over


Another day, another LNG problem child


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PREMIUM FEATURES 
We saw fraccing fracas coming: WA EPA


WESTERN Australia’s environmental regulator expects a production proposal for unconventional gas within the next two years; while its independent EPA boss defied those who say the government was caught off-guard by opposition pushback.
Full Story...


MORE PREMIUM FEATURES

Worrying trends in latest acreage award


Future of FLNG hangs on Prelude’s success


LNG’s ghost in the machine


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TECHNICAL & PRODUCT 
Total taps Aveva for innovative platform


TOTAL E&P Norge has created a new information management environment for its ground-breaking Martin Linge fixed platform project in the Norwegian North Sea.
Full Story...


MORE TECHNICAL & PRODUCT

Perth company in Malaysian foray


Bukit backs Ignite


Emerson launches a world first


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LIQUIFIED NATURAL GAS 
Bechtel in lay-off spree


BECHTEL has confirmed it would lay off tradespeople over the next six months in central Queensland as it nears completion of three LNG plants off Gladstone, but offered hope that other opportunities would arise in Western Australia.
Full Story...


MORE LIQUIFIED NATURAL GAS

Prelude’s wide reach: video


Valmec’s big LNG play


QCLNG nears maiden export milestone


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COAL SEAM GAS 
Exxon exits Victorian CSG JV


EXXON MOBIL subsidiary Esso Ventures and Gippsland Gas have terminated their CSG-targeting Victoria Natural Gas joint venture.
Full Story...


MORE COAL SEAM GAS

NSW CSG laws ‘fall short’


LNG’s ghost in the machine


Anti-Narrabri report misguided: Santos


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SHALE GAS 
Another day, another UK fraccing inquiry


THE UK House of Commons has given stakeholders less than a month to make submissions to yet another parliamentary inquiry into environmental risks of hydraulic fracturing – an industry that could transform its energy mix and placate some geopolitical issues dogging it of late.
Full Story...


MORE SHALE GAS

Argentina’s big shale play


South Australia aims for local proppant industry


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SAFETY & ENVIRONMENT 
We saw fraccing fracas coming: WA EPA


WESTERN Australia’s environmental regulator expects a production proposal for unconventional gas within the next two years; while its independent EPA boss defied those who say the government was caught off-guard by opposition pushback.
Full Story...


MORE SAFETY & ENVIRONMENT

WA EPA rejects alarmist views


South Australia FIFO boosted


Magnum well blowout


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CAREERS & RECRUITMENT 
Bechtel in lay-off spree


BECHTEL has confirmed it would lay off tradespeople over the next six months in central Queensland as it nears completion of three LNG plants off Gladstone, but offered hope that other opportunities would arise in Western Australia.
Full Story...


MORE CAREERS & RECRUITMENT

Central axes 40% of workforce amid cutbacks


CFMEU warns on 457 visas climb


Halliburton to slash 1000 jobs


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DRILLING 
Exxon starts Bass Strait drilling campaign


EXXONMOBIL has launched a $335 million offshore drilling campaign covering five Turrum field wells to boost the Bass Strait-based $4.5 billion Kipper Tuna Turrum project which produced first oil 14 months ago.
Full Story...


MORE DRILLING

A change of plans for Pura Vida


Petsec hits hitch


Fear of unknown punishes Carnarvon


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PROJECT PROFILES 
Woodside’s shale entry


WOODSIDE’S deal to secure a stake in Canada’s Kitimat LNG project alongside super-major Chevron answers the two-year-old prayers of shareholders wanting the company to secure a move into the shale space.
Full Story...


INDUSTRY MOVES 
AWE pulls out of Otway permit


AWE has opted to pull out of WHL’s Vic/P67 permit in the Otway Basin, leaving the operator to continue its farm-out discussions.
Full Story...


MORE INDUSTRY MOVES

Private firms back Synergy carve-up


Exoma branches into tech


Woodside's Nova Scotia play


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PIPELINES 
Industry rushes to build NT east coast pipeline


NORTHERN Territory’s government has already received strong industry interest in building the proposed gas pipeline linking the NT to the east coast gas grid.
Full Story...


MORE PIPELINES

Keeping Pieter in place


Arrow advances Curtis plans


NT-east coast pipeline doubts


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PRODUCTION 
OPEC exports in freefall


LOWER oil prices have prompted the US Energy Information Administration to forecast OPEC net oil export revenues to plummet this year to its lowest point for the group since 2010.
Full Story...


MORE PRODUCTION

Chevron’s large FMC order


Drillsearch brings Flax back online


Gullfaks gets new lease of life


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Bechtel in lay-off spree


BECHTEL has confirmed it would lay off tradespeople over the next six months in central Queensland as it nears completion of three LNG plants off Gladstone, but offered hope that other opportunities would arise in Western Australia.
Full Story...

Technip wins $125m Indian contract


TECHNIP has nabbed a $125 million contract from India’s ONGC to build a 212 million cubic feet per day onshore oil terminal at Odalarevu in Andhra Pradesh, India.
Full Story...

We saw fraccing fracas coming: WA EPA
Exclusively for Premium Subscribers


WESTERN Australia’s environmental regulator expects a production proposal for unconventional gas within the next two years; while its independent EPA boss defied those who say the government was caught off-guard by opposition pushback.
Full Story...

   CURRENT FOCUS FEATURES

Maintenance & Shutdown

BP, PetroChina modernise Iraq monster

Chevron’s large FMC order

Gullfaks gets new lease of life

Keeping Pieter in place

Subsea integrity guidance launched

BP’s first in-situ oil sands project goes online

BP taps Wood Group for UKCS

Perth company in Malaysian foray

Statoil Trolls Tendeka

Rotork releases actuator range



  VIEW ALL STORIES on Maintenance & Shutdown



   TODAY'S STORIES CONTINUED


News Wrap


IN THIS morning’s News Wrap: Woodside CEO ‘courting Indians for new LNG sales’; North Sea oil industry ‘close to collapse’; and offshore E&P spend to grow.
Full Story...

Nuclear backed in ‘flat’ South Australia


FORMER South Australian Governor, Rear Admiral Kevin Scarce, has called for a mature debate on nuclear energy in the state, plus accountability and action to achieve SA’s vision and set the economy on track, at a frank presentation to resources sector stakeholders last week.
Full Story...

Energy Briefs


IN TODAY’S Energy Briefs: Buru and Apache drill ahead; Octanex reviews; Marion’s struggle continues; Swala settles; and Strata drills.
Full Story...

Private firms back Synergy carve-up


THE association of private power companies in Western Australia has backed Synergy’s carve-up and the establishment of a separate decision-making body for market rules with industry representation, ahead of the government’s expected release of a sector review.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: Interoil appoints former BP all-rounder; Octanex appoints former Ambassador chief; and Karoon hires former mining executive.
Full Story...

Cambla to defy downturn


ABERDEEN project services consultancy Cambla shot off the blocks in its first year of business during a +$100/barrel oil price, but expects further growth even with the plummeting oil price.
Full Story...

Bumi builds Indonesia-bound FPSO


BUMI Armada and its joint venture partner Armada Gema Nusantara have won a $US1.18 billion ($A1.4 billion) contract to build and supply a floating production, storage and offloading vessel to the joint Husky-CNOOC Madura company.
Full Story...

Shares surge on Resource Equipment merger offer


SHARES in mining pump company Resource Equipment (REL) soared more than 85% after its board unanimously endorsed a proposed acquisition of the company through a cash offer by US-based Pump Services.
Full Story...

LNG 'choking off supply'


A NEW report confirms that the advent of open slather LNG exports on the east coast is driving up domestic gas prices, choking off supply to domestic industrial users and putting tens of thousands of jobs at risk, according to DomGas Alliance executive director Matt Brown.
Full Story...

Prelude’s wide reach: video


ROYAL Dutch Shell has had a busy year working on its Prelude floating LNG project, coordinating tasks being undertaken right around the world towards ensuring the vessel can last its scheduled 25-year tenure off the coast of Western Australia.
Full Story...

Worrying trends in latest acreage award
Exclusively for Premium Subscribers


FEDERAL Industry Minister Ian Macfarlane yesterday announced $660 million in new offshore exploration, but the headline figure masks some worrying trends.
Full Story...

News Wrap


IN News Wrap: Macquarie bank wins big in oil derivatives: Aitken; Woodside’s Kitimat LNG play confuses analysts; and Wood Group freezes North Sea salaries.
Full Story...

Leighton’s surprise services deal


HOCHTIEF has elected not to sell its entire Leighton Contractors Services subsidiary as was expected, but instead it has entered into a $700 million deal with US private wealth fund Apollo Global Management for a 50:50 joint venture that will bundle together both Thiess and Leighton’s services division.
Full Story...

Energy Briefs


IN TODAY’S Energy Briefs: New Standard waits on frac; Coretrack tests proppant; Worley keeps on with BP; Otto’s pay day; Marion back before the courts; Titan halts; and Strike tests.
Full Story...

Valmec’s big LNG play


OIL and gas service provider Valmec has revealed its bullish sentiment towards the coming operational phase of resources boom by acquiring major US field and workshop support player Exterran’s Australian subsidiary for an undisclosed sum.
Full Story...

WA EPA rejects alarmist views


AUSTRALIA’S upstream industry has hailed the latest assessment guidelines from Western Australia’s Environmental Protection Authority as a further rejection of “alarmist” views around the impacts of hydraulic fracturing in shale and tight gas projects.
Full Story...

South Australia FIFO boosted


AIR South has expanded its charter fleet and pilot numbers to boost the fly-in, fly-out services to South Australia’s Cooper-Eromanga Basin, one of Australia’s most productive onshore oil provinces and mining centres.
Full Story...

Asian titans unite for cleaner emissions


SINGAPORE and Japan have teamed for research on an exhaust gas cleaning system to accommodate tightening sulphur oxide emissions globally from various ships.
Full Story...





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