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Thursday
29 September 2016
 
 
   TODAY'S STORIES
 
SLUGCATCHER 
Slugcatcher tires of talk and waits for action


IF LIFE was a movie this is the time when we cut to the chase scene with action replacing endless talking, and if you think Slugcatcher is referring to the US presidential election campaign you’re partly right because it also applies to endless talking about an oil price fix.
Full Story...


MORE SLUGCATCHER

OPEC castle under siege


The parallels between East Timor and Israel


The east coast train wreck


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PREMIUM FEATURES 
Aussies surge on surprise OPEC deal


SANTOS and Beach Energy surged nearly 10% overnight as OPEC stunned traders by agreeing to its first oil output cut in eight years at yesterday’s Algeria meeting, showing the cartel’s strategy of pump-at-all-costs to destroy US shale production has backfired badly.
Full Story...


MORE PREMIUM FEATURES

Glut to continue amid freeze talks


Mood brightens as price war ‘over’


New world for offshore bidding


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TECHNICAL & PRODUCT 
Hydrogen: fuel of the future or a scam?


SCIENTISTS at Osaka University have created a new method to use sunlight to turn seawater into hydrogen peroxide, which can then be used in fuel cells to generate electricity, but the co-founder of Tesla Marc Tarpenning has argued that hydrogen is not the fuel of the future, but a technological dead end.
Full Story...


MORE TECHNICAL & PRODUCT

Oil Search leaps ahead


Inatex strengthens Asian push


Logging tool aims to cut drilling costs


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LETTERS 
Letter to the editor


FORMER Santos process optimisation manager Kevin Seanard has responded to our September 14 feature, Why Santos deserved to die, criticising the company's strategies.
Full Story...


MORE LETTERS

Letter to the editor


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LIQUIFIED NATURAL GAS 
Japan urged to shift focus


THE International Energy Agency has urged one of its founding members to decarbonise its energy supply by reinvigorating its nuclear sector and boosting efficient thermal power generation, but some analysts say warnings of the death of Japanese LNG demand growth have been premature.
Full Story...


MORE LIQUIFIED NATURAL GAS

ExxonMobil joins small-scale party


PNG pushes for greenfields option


SGX warns of coal risk to gas rise


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COAL SEAM GAS 
New Qld landholder laws kick in


NEW Queensland laws kicked in yesterday which the CSG industry believes will help unlock areas for optimal co-development with agriculture landholders.
Full Story...


MORE COAL SEAM GAS

APPEA trashes activist report


Walyering mystery gets another detective


Long live the Cooper Basin: Citi


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SHALE GAS 
Falcon completes NT frac


THE ban may be in force on fracture stimulation in the Northern Territory, but like Indiana Jones, the Falcon Oil & Gas-led joint venture in the Beetaloo Sub-basin has slid under the door, completing fraccing of the Amungee NW-1H well just before the gate slammed shut.
Full Story...


MORE SHALE GAS

Yet another NT frac inquiry arrives


China progresses shale, LNG plans


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SAFETY & ENVIRONMENT 
Bight plan delayed again


THE window for BP to spud its play-opening Stromlo-1 well in the Great Australian Bight before the end of the year is shrinking, with the Australian regulator taking another 30 days to consider the UK oiler's plans for the controversial well.
Full Story...


MORE SAFETY & ENVIRONMENT

Workers killed in Chevron crash


Neptune wins Quadrant contract


Chopper crash report finalised


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CAREERS & RECRUITMENT 
Botten spreads his wings


OIL Search’s long-standing managing director Peter Botten has taken a potential step towards his eventual retirement from the Papua New Guinea-based oil and gas concern by joining the board of AGL Energy.
Full Story...


MORE CAREERS & RECRUITMENT

Farstad cuts deeper


QRC taps Macfarlane for CEO role


Chinese intrigue in Santos CFO move


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DRILLING 
Halliburton in motor boost


HALLIBURTON business Sperry Drilling has released the latest additions to its drilling motor product line hailed as the “next step change” in reliability and performance which could eliminate up to half of motor failures.
Full Story...


INDUSTRY MOVES 
Maersk’s shell games


DANISH oiler Maersk Oil has emerged as the reported frontrunner to buy a portfolio of North Sea assets from Shell as its diversified parent company considers spinning out its energy arm in a deal worth an expected $US4.7 billion.
Full Story...


MORE INDUSTRY MOVES

Farstad consolidates Oz office


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PRODUCTION 
Russia to boost oil production


WHILE the world waits with baited breath about whether the Russians will agree with OPEC to help manage oil prices the energy giants of the former Soviet Union are planning to ramp up oil production that can remain viable in a $US40 per barrel world.
Full Story...


MORE PRODUCTION

Demand under threat


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Workers killed in Chevron crash


FOUR workers for a Chevron Corporation-operated facility in Angola have died after a helicopter ferrying them to the Tombua-Landana platform crashed in the sea and two more are still missing, presumed dead.
Full Story...

Renewables backed amid SA blackout


EXPERTS say South Australia’s enthusiastic embrace of wind and solar energy can’t wear the blame for the embarrassing and painful state-wide blackout it endured yesterday, but they have called to increase gas generation capacity.
Full Story...

Aussies surge on surprise OPEC deal


SANTOS and Beach Energy surged nearly 10% overnight as OPEC stunned traders by agreeing to its first oil output cut in eight years at yesterday’s Algeria meeting, showing the cartel’s strategy of pump-at-all-costs to destroy US shale production has backfired badly.
Full Story...

   CURRENT FOCUS FEATURES

Offshore Equipment & Service

Sulzer expands in WA

Subsea players’ Musketeers play

North West cable supports $50B developments

Polarcus wins Oz contract

Ultra-deepwater getting cheaper

Ichthys commissioning in full swing

Julimar looking good

Subsea compression recognised

Dodgy subsea bolts spark concerns

UK urged to get with the times


  VIEW ALL STORIES on Offshore Equipment & Service



   TODAY'S STORIES CONTINUED


Energy Briefs


IN TODAY’S Energy Briefs: King crowned; InterOil deal incomplete; Super funds accused; Permian pipe boosted; India's Russian move okayed; Cooper purchase; Island's frac push; Infrastrata abandons shale; Goliat resumes; Socar fire; Steelhead buy-in; UIL raises; Tlou ticked; Byron abandons gas lease; Armour extension; Waggaman complete; and Thai supply base opened.
Full Story...

Oil Search FEEDs on biomass


OIL Search is getting into the renewable energy business, entering front end engineering and design on the Markham Valley biomass project.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: EWC nominates directors; Souki lures another ex-Cheniere exec; The Baltic Exchange names future CEO under new SGX rule; and two quit Chesapeake.
Full Story...

New Qld landholder laws kick in


NEW Queensland laws kicked in yesterday which the CSG industry believes will help unlock areas for optimal co-development with agriculture landholders.
Full Story...

Carnegie plots first microgrid project


PERTH-based renewable energy pioneer Carnegie Wave Energy looks set to develop the world’s first solar, battery and wave integrated microgrid project in Western Australia following a $2.5 million grant from the Commonwealth.
Full Story...

Sponsored content: Streamlining temperature measurement


ENERGY waste is a hot topic in the energy industry. It represents a lost power generation opportunity, wasted money and an increased environmental footprint and determining where energy is being wasted can be time consuming and expensive, so new technology to make the process less painful is a welcome development.
Full Story...

Asia leads nuclear growth


NEW data reveals Asia is leading the nuclear capacity race as Australia debates its own place in a new carbon-conscious world where sentiment for the controversial fuel source is returning.
Full Story...

Neptune wins Quadrant contract


QUADRANT Energy has signed up Neptune Marine Services to perform inspection services around its various North West Shelf assets.
Full Story...

NOPTA seeks lease feedback


THE NATIONAL Offshore Petroleum Titles Administrator is calling for feedback from the oil and gas sector on the effectiveness of the nation’s classes of short term exploration licences.
Full Story...

Glut to continue amid freeze talks


JUST as optimism was building that OPEC might actually achieve something during talks with Russia in Algeria today, Iran says it’s not ready to agree to an output freeze, strengthening expectations that prices will stay low for the foreseeable future.
Full Story...

Energy Briefs


IN TODAY’S Energy Briefs: Karoon buys out partner; Canadian LNG approved; Weatherford fined; Eni seeks MLNG debt; Freeport bother; Shell buys pipelines; Ormen Lange expansion; BP's Egypt move; Leviathan gas deals; UJO ups stake; Race buys Vantage assets; Hummer jacket arrives; meet Melbana; wave trials; shale gas arrives; Antrim wind-up; Jerah's LNG deal; Noontide buys; and trading halts.
Full Story...

Woodside completes Irish survey


WOODSIDE Petroleum has wrapped up shooting its 85%-owned Breanann 3D seismic survey in Ireland’s northern Porcupine Basin, and the data has been sent to Australia for processing.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: Swire swaps CEOs; Purcell ends Metgasco feud; and Williams proxy fight over.
Full Story...

Activist challenge thrown out


A POTENTIALLY precedent-setting legal challenge against fossil fuels has been thrown out of court in Queensland.
Full Story...

Chopper crash report finalised


STATOIL has completed its own investigation into the North Sea helicopter crash that killed 13 workers travelling from the Gullfaks-B platform in April.
Full Story...

Farstad cuts deeper


THE oil rout pain continues, with Farstad Shipping to lay off about 100 seafaring positions, which Energy News understands to be mainly in Western Australia.
Full Story...

ExxonMobil probe hits BP Bight tilt


EXXONMOBIL’s asset valuations being queried amid declining oil prices and consumption has led Australian biotech pioneer Keith Williams to question whether BP is similarly on a hiding to nothing with no apparent cost-benefit analysis of its Great Australian Bight drilling plan.
Full Story...

Mood brightens as price war ‘over’


ANALYSTS are expecting the unexpected as OPEC meets Russia on the sidelines the International Energy Forum in Algiers tomorrow to thrash out a potential production freeze, just as Bank of America Merrill Lynch called the oil price war officially over.
Full Story...





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