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Monday
30 March 2015
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   TODAY'S STORIES
 
SLUGCATCHER 
The rise of early bird oil speculators


OIL is always a risky business but as Slugcatcher was watching the market last week, he sensed that some people are taking on board a lot more risk than seems prudent given the uncertain outlook, not just for oil but the wider global economy.
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MORE SLUGCATCHER

Slugcatcher forecasts a wild week for oil


The accelerated departure of Reg Nelson


The mixed fortunes of LNG projects


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PREMIUM FEATURES 
Woodside ready for $10 oil, eyes downstream targets


WOODSIDE Petroleum CEO Peter Coleman has gone on the front foot in the depressed oil market, saying the Aussie major is ready for $US10/barrel oil as it seeks to get its hands on an LNG terminal in Asia to gain more control over its market – but it has a limited window to nail a deal.
Full Story...


MORE PREMIUM FEATURES

Hancock backs Lake raising


BHP boss calls for optimism


The silence of the salary cuts


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PROFESSIONAL PLACEMENTS 
Digital Media Account Manager
Aspermont is a specialist media company publishing to the mining, energy, construction, agriculture, environment and waste sectors. With premium magazines, print and digital, websites and events we provide innovative solutions for our clients to market themselves directly to decision makers across major industry sectors.
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TECHNICAL & PRODUCT 
Total goes virtual


FRENCH oiler Total has elected to use AVEVA’s Activity Visualisation Platform to support training activities on its Martin Linge topside platform in the North Sea.
Full Story...


MORE TECHNICAL & PRODUCT

PGS bulks up with Cray


Matrix buoyed by new contracts


Subsea history made


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LIQUIFIED NATURAL GAS 
Woodside ready for $10 oil, eyes downstream targets


WOODSIDE Petroleum CEO Peter Coleman has gone on the front foot in the depressed oil market, saying the Aussie major is ready for $US10/barrel oil as it seeks to get its hands on an LNG terminal in Asia to gain more control over its market – but it has a limited window to nail a deal.
Full Story...


MORE LIQUIFIED NATURAL GAS

Japanese-US JV wins $2B Freeport contract


LNG fuel transition accelerates


UGL wins second Gladstone bid


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COAL SEAM GAS 
Qld to lead way to ‘get fit for $50’


DELOITTE national director for oil and gas Geoffrey Cann believes Queensland will lead the way in showing the oil world how to “get fit” for the new $50/barrel oil price environment.
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MORE COAL SEAM GAS

Industry, government share blame for NSW quagmire


Labor to doom Narrabri CSG project


CSG watermelon-gate


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SHALE GAS 
BHP cooling on shale


BHP BILLITON managing director Andrew Mackenzie told investors in London that the Australian major had probably overpaid for its US shale assets, which were looking less profitable than first thought.
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MORE SHALE GAS

Gas tax a Wolf in sheep’s clothing


Mid West towns lock the gate


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SAFETY & ENVIRONMENT 
WA frac open days educate


RECENT community open days held in Broome and Derby proved to be highly successful in raising local public awareness about Western Australia’s developing shale and tight gas industry in the Canning Basin, the region where one of Buru Energy’s wellheads was dangerously damaged recently.
Full Story...


MORE SAFETY & ENVIRONMENT

Lawsuits piling up for Obama frac regime


Shell unveils ultra-modern rescue service


Grappling with obesity


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CAREERS & RECRUITMENT 
APPEA slams court decision


THE oil and gas industry’s peak body has urged the Australian Government to move quickly to provide certainty for the oil and gas sector following a Federal Court ruling yesterday that removed legal protections for foreign workers employed in offshore operations.
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MORE CAREERS & RECRUITMENT

Offshore workers in limbo after Cash humbled


Woodside freezes wages


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DRILLING 
Linc pauses Arckaringa hunt


WILDCATTING is never easy, and Linc Energy has become the latest testament to that truism, with the company suspending further exploration drilling in the Arckaringa Basin after the results of the Eba-1 well in PEL 121 have given it pause for thought.
Full Story...


MORE DRILLING

WA frac open days educate


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INDUSTRY MOVES 
Knives out at Sunbird


SUNBIRD Energy’s largest shareholder, Salt Mineral investments, is calling for the head of one of the company’s founding directors, Marcus Gracey.
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MORE INDUSTRY MOVES

NZOG gets tough in Cue battle


Neon coup complete


Personnel Movements


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PIPELINES 
Pilbara pipeline complete


TRANSALTA Corporation and DUET Group have announced completion of the Fortescue River gas pipeline in Western Australia.
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APPEA slams court decision


THE oil and gas industry’s peak body has urged the Australian Government to move quickly to provide certainty for the oil and gas sector following a Federal Court ruling yesterday that removed legal protections for foreign workers employed in offshore operations.
Full Story...

Linc pauses Arckaringa hunt


WILDCATTING is never easy, and Linc Energy has become the latest testament to that truism, with the company suspending further exploration drilling in the Arckaringa Basin after the results of the Eba-1 well in PEL 121 have given it pause for thought.
Full Story...

Woodside ready for $10 oil, eyes downstream targets
Exclusively for Premium Subscribers


WOODSIDE Petroleum CEO Peter Coleman has gone on the front foot in the depressed oil market, saying the Aussie major is ready for $US10/barrel oil as it seeks to get its hands on an LNG terminal in Asia to gain more control over its market – but it has a limited window to nail a deal.
Full Story...

   CURRENT FOCUS FEATURES

Marine & Subsea

Near-Ichthys block among second acreage release

Fire hits new BG field

JV aims to revolutionise subsea architecture

Sophisticated spooling secured

Pluto back on track

Rating-junked Transocean scraps 4 rigs

Virtual vessel tour an AOG hit

Wireless manipulator control system

ABB powers Johan Sverdrup field

KBR wins offshore Saudi work


  VIEW ALL STORIES on Marine & Subsea


UPCOMING FOCUS FEATURES

APRIL : UNCONVENTIONAL
APRIL : OIL & GAS CONSULTANTS
MAY : APPEA 2015
MAY : APPEA 2015
JUNE : DOWNHOLE PRODUCTS & SERVICES
JUNE : FINANCING

   TODAY'S STORIES CONTINUED


News Wrap


IN News Wrap: Oil surges after Saudi-led airstrikes in Yemen; APA in New South Wales pipeline talks with Santos; Barnett tells Onslow to get over it; and tackling the public relations nightmare of CSG.
Full Story...

WA frac open days educate


RECENT community open days held in Broome and Derby proved to be highly successful in raising local public awareness about Western Australia’s developing shale and tight gas industry in the Canning Basin, the region where one of Buru Energy’s wellheads was dangerously damaged recently.
Full Story...

Energy Briefs


IN TODAY’s Energy Briefs: Hawkley stumped; Austin lauded in US; Talon reports massive loss; Fastnet expands in Celtic Sea; Backreef settles; LNGL on track.
Full Story...

Modular hybrid power plant dream comes true: video


LAING O’Rourke has turned a corner in its quest to power remote operations with something other than trucked-in diesel fuel, with the successful roll-out of its first modular, solar-diesel hybrid power plant on a Curtis Island gas project.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: Jacka hires Neon’s founding MD; Talisman Sinopec names MD; KDM Marine appoints eastern hemisphere chief; Rooster CFO dies; NZ nationals in control at NZEC; Eastman steps up at Citation; Buccaneer board quits; Alaska LNG gets supporters; Stonehenge secures wave expert; Perisson moves; and Southern Cross boss leaves early.
Full Story...

Dirty three ‘screwing households’ after RET cut: Hewson


FORMER Liberal Party leader, prime ministerial hopeful, and former director of Papua New Guinea focused oil and gas explorer Larus Energy, Dr John Hewson, has joined with activist group Get Up to defend the renewable energy target.
Full Story...

Divestment drivers debunked


DIVESTMENT advocates have over-reached in diagnosing the cause of coal’s price malaise – an issue that will likely climax leading up to the United Nations’ critical COP21 forum in Paris this December.
Full Story...

Japanese-US JV wins $2B Freeport contract


FREEPORT LNG has awarded a $US2 billion ($A2.56 billion) contract to a joint venture between New York-listed CB&I, Japan’s Toronto-listed Chiyoda International Corporation and Zachry Industrial for the engineering, procurement and construction of the third train of its Quintana Island export facility.
Full Story...

NZ on track for 90% renewables by 2025


RENEWABLE energy continues to dominate New Zealand’s electricity generation, with 80% of all energy produced from clean, green sources in 2014, its highest level since 1996, and the fourth largest of any economy in the world.
Full Story...

Petrobras blamed for Brazilian bankruptcy


LARGE Brazilian civil engineering company Galvao Engenharia has filed for bankruptcy due to the fallout from the corruption probe on state-run oil giant Petrobras, which has also ensnared the treasurer of Brazil’s ruling Workers Party.
Full Story...

Qld solar switched on


SUNSHINE is being turned into energy and knowledge in the Sunshine State with the switching on of the state’s largest solar array today at The University of Queensland’s Gratton campus.
Full Story...

Lawsuits piling up for Obama frac regime


THE law suits are piling up against US President Barack Obama’s tougher hydraulic fracturing regime, with the state of Wyoming filing against the federal rule changes today.
Full Story...

Schlumberger fined $US232M for working with Iran, Sudan


LEADING oil services company Schlumberger was fined $US232.71 million ($A297 million) after it pleaded guilty to violating US sanctions by doing business with Iran and Sudan.
Full Story...

Offshore workers in limbo after Cash humbled


THE Abbott government’s bad run has continued with the Federal Court rejecting what the Maritime Union of Australia calls an “underhand means of deploying visas for foreign workers”, overturning a ministerial determination introduced by Assistant Immigration Minister Michaelia Cash as invalid, putting the jobs of 400 workers at risk.
Full Story...

NT’s big petroleum future


MINERAL exploration in the Northern Territory is in the doldrums like the rest of the nation, but the Top End suddenly has a booming petroleum industry to fill the void.
Full Story...

News Wrap


IN News Wrap: GE cuts Texan workforce; Federal Labor clashes with New South Wales Labor over CSG policy; Fitch on AGL, Origin; oil up as fighting engulfs Saudi Arabia’s ally Yemen; and oil magnate rejigs his $US100 barrel forecast.
Full Story...

Conoco backs Asian player for Bayu-Undan


CONOCOPHILLIPS has awarded Hong Kong telco service provider SpeedCast International a multi-year, multi-million dollar contract for delivery of satellite communications services by for an asset in the Bayu-Undan field in the Timor Sea between Darwin and Timor-Leste.
Full Story...

Energy Briefs


IN TODAY’S Energy Briefs: Irwin well spudded; New Standard flags raising; Coretrack and Norwest raise cash; Oil; Basins flags demand; Cue gets Indo permission; Bibby wins Myanmar contract; and Kongsberg secures subsea business.
Full Story...





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