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Sunday
28 December 2014
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   TODAY'S STORIES
 
SLUGCATCHER 
Yawning gap between two views of Woodside-Apache deal


THERE are two sides to every story, but Slugcatcher can’t think of another example where the difference is as far apart as how the news media has reported the latest deal by Woodside Petroleum and how financial analysts have reacted.
Full Story...


MORE SLUGCATCHER

The era of the oil-price yo-yo


The oil patch’s new Great Uncertainty


OPEC lets the market take over


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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 
GE asset ‘healthcare’ expands into Brazil, China


GE’s UNIK 5000 pressure sensing platform can now be used in the Brazilian and Chinese markets in hazardous zone applications in the oil and gas and process industries, as well as in power generation and mining, as it now carries the Brazilian INMETRO and the Chinese NEPSI Intrinsic Safety certifications.
Full Story...


MORE TECHNICAL & PRODUCT

Tendaka lands major Russian contracts


Total taps Aveva for innovative platform


Perth company in Malaysian foray


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LIQUIFIED NATURAL GAS 
Norway approves LNG import terminal


MANGA LNG Oy has made the final investment decision for the new €100 million ($A150 million) LNG import terminal near Tornio, unleashing Finnish company Wartsila full notice to supply the terminal by 2018.
Full Story...


MORE LIQUIFIED NATURAL GAS

Bechtel in lay-off spree


Prelude’s wide reach: video


Valmec’s big LNG play


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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 
Man injured by hose during decommissioning


A 57-YEAR-OLD man has suffered head injuries after a bunkering hose fell on him while he was working on decommissioning the Canadian Natural Resources-operated Murchison platform in the North Sea.
Full Story...


MORE SAFETY & ENVIRONMENT

100-year wave threat scraps BP facility extension


NT, WA progress green tape reforms


Ebola blamed for Ausenco anaemia


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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


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DRILLING 
Titan continues turnaround


AUSTRALIAN Texas-focused junior Titan Energy has continued its turn-around story with two from two success rates on worker wells at its flagship Allen Dome salt dome project.
Full Story...


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 
Atlas Copco snaps up US bolting tools provider


PRODUCTIVITY solutions provider Atlas Copco has moved to acquire US-based provider of bolting tools to the oil and gas industry, Titan Technologies International.
Full Story...


MORE INDUSTRY MOVES

Carbon confident


Neon kills MEO merger, recommends Evoworld


New bid for Transfield


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PIPELINES 
Canada revamps pipeline safety


CANADA’s federal government has introduced legislation to enhance pipeline safety covering liability and compensation, incident preparedness and response and incident prevention measures – perhaps anticipating the Republicans taking over the US Senate next year and approving Keystone XL.
Full Story...


MORE PIPELINES

Enbridge shuts down on leak


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PRODUCTION 
BP hunts key European strategic play


OIL major BP and the State Oil Company of the Republic of Azerbaijan (SOCAR) signed a new production sharing agreement this morning in a country that is one of the Caspian region’s most important strategic export routes to the West.
Full Story...


MORE PRODUCTION

Waitsia appraisals on horizon


Fastnet to buck slump


Statoil’s extended production


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S&P downgrades ConocoPhillips, BP, Shell, Total


STANDARD & POOR’S Ratings Services has revised its rating outlook on ConocoPhillips, BP, Royal Dutch Shell, Total and Tullow Oil to “negative” as the oil market driven rout threatens cash flow into 2016.
Full Story...

Man injured by hose during decommissioning


A 57-YEAR-OLD man has suffered head injuries after a bunkering hose fell on him while he was working on decommissioning the Canadian Natural Resources-operated Murchison platform in the North Sea.
Full Story...

Afren-Seplat merger talk signals African oil consolidation
Exclusively for Premium Subscribers


THE tilt for Africa-focused Afren Plc by London-listed Nigerian oil group Seplat – the first major merger in the African energy space – points to an industry-wide consolidation in the African continent.
Full Story...

   CURRENT FOCUS FEATURES

Maintenance & Shutdown

Man injured by hose during decommissioning

100-year wave threat scraps BP facility extension

Statoil’s extended production

Enbridge shuts down on leak

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



  VIEW ALL STORIES on Maintenance & Shutdown



   TODAY'S STORIES CONTINUED


News Wrap


IN TODAY’S News Wrap: LNG tanker arrives at Gladstone for historic cargo; Chevron scraps tankers; and fighting affects Libyan production again.
Full Story...

100-year wave threat scraps BP facility extension


THE threat of a once-in-100-years freak wave and a compressed seabed has resulted in BP being denied its application to extend the life of its Valhall QP accommodation platform in the Norwegian North Sea.
Full Story...

Energy Briefs


IN TODAY’S Energy Briefs: Molopo to call meeting; NT east coast pipeline progresses; Shell sells downstream; Transocean sells off rigs; NZOG returns capital; Nexus gets extensions; Douglas Westwood confident on subsea; and Karoon halts on Brazil.
Full Story...

Atlas Copco snaps up US bolting tools provider


PRODUCTIVITY solutions provider Atlas Copco has moved to acquire US-based provider of bolting tools to the oil and gas industry, Titan Technologies International.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: Det Norske appoints development head; CMS gets Mexican experience; Molopo loses CEO; and Otis installs new board.
Full Story...

GE asset ‘healthcare’ expands into Brazil, China


GE’s UNIK 5000 pressure sensing platform can now be used in the Brazilian and Chinese markets in hazardous zone applications in the oil and gas and process industries, as well as in power generation and mining, as it now carries the Brazilian INMETRO and the Chinese NEPSI Intrinsic Safety certifications.
Full Story...

Norway approves LNG import terminal


MANGA LNG Oy has made the final investment decision for the new €100 million ($A150 million) LNG import terminal near Tornio, unleashing Finnish company Wartsila full notice to supply the terminal by 2018.
Full Story...

Tendaka lands major Russian contracts


AUTONOMOUS inflow control company Tendeka has been awarded two significant contracts to supply over 400 devices for sand and inflow control technology in Russia.
Full Story...

Vic energy efficiency scheme escapes axe


THE Victorian Energy Efficiency Target will be salvaged by the new government, as electricity and gas disconnections hit an all-time high in 2013 and 2014.
Full Story...

Yawning gap between two views of Woodside-Apache deal


THERE are two sides to every story, but Slugcatcher can’t think of another example where the difference is as far apart as how the news media has reported the latest deal by Woodside Petroleum and how financial analysts have reacted.
Full Story...

Halliburton flags further lay-offs in ‘tough’ 2015


HALLIBURTON CEO Dave Lesar has acknowledged uncertainty from his workforce as its impending takeover of Baker Hughes looms, flagging restructuring and potential market-driven lay-offs in what he forecasts to be a “tough year” in 2015.
Full Story...

NT, WA progress green tape reforms


THE governments of Western Australia and the Northern Territory on Friday both announced progress on “one-stop shop” reforms sweeping the continent.
Full Story...

News Wrap


IN TODAY’S News Wrap: Coleman on Apache assets; analyst cautious of depressed US rig count; and Citgo fears Conoco’s Venezuela probe could ‘freak out’ buyers.
Full Story...

Ebola blamed for Ausenco anaemia


AUSENCO CEO Zimi Meka says the outlook for his business is positive despite the challenging trading conditions for the engineering services sector over the past 12 months.
Full Story...

Energy Briefs


IN TODAY’S Energy Briefs: Azonto granted Ivory Coast authorisation; Titan Energy Services suspends; Zeta discovers; and Worley gains extension.
Full Story...

New bid for Transfield


SPANISH infrastructure group Ferrovial has lobbed an increased $2 per share takeover offer for Australia’s Transfield Services.
Full Story...

Shale ground-breaker cements fiery relationship


PROSPECT Flow Solutions has cemented its long-term relationship with emergency response specialist Wild Well Control by becoming its new Advanced Engineering Group.
Full Story...

Well management pioneer sees Asia, Africa growth


AFRICA and Asia-focused well management specialist Exceed expects further growth in Canada next year, having established a base there last year.
Full Story...





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