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Wednesday
2 September 2015
 
 
   TODAY'S STORIES
 
SLUGCATCHER 
The false dawn of the oil price bounce


OIL had its best two day rise in six years at the end of last week with the only problem being that nobody, not even Slugcatcher, believes that the 18% rise in the rise of Brent quality crude is sustainable.
Full Story...


MORE SLUGCATCHER

The Don’s warning which Santos ignored


Woodside to kick off the best of times


A turning point for oil


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PREMIUM FEATURES 
The great GoM comeback


BP MAY still be reeling from more than $25 billion worth of settlements over the 2010 Deepwater Horizon spill, but the technically demanding Gulf of Mexico has found a new lease of life among super-majors and independents with, of all things, its reputation as near-par excellence of industry best practice.
Full Story...


MORE PREMIUM FEATURES

The irrationality of doom


Armour steels itself for McClendon’s empire


More pain to come as oil bubble pops


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TECHNICAL & PRODUCT 
InterOil connects up PNG


PAPUA New Guinea-focused InterOil has awarded UK-headquartered firm SpeedCast International a multi-year, multi-million dollar contract to deliver satellite communications and network services in the Gulf Province.
Full Story...


MORE TECHNICAL & PRODUCT

Seismic shift prompts innovation


Martin Linge’s game changer


LWP enters first project


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LIQUIFIED NATURAL GAS 
Gorgon strike Friday as 400 job cuts rumoured


HUNDREDS of construction workers on Australia's biggest resource project will walk off the job for 24 hours on Friday over a dispute over new rosters, causing yet more headaches and delays for Chevron Corporation’s complex $US55 billion Gorgon LNG project on Barrow Island.
Full Story...


MORE LIQUIFIED NATURAL GAS

Woodside partner on the way up


UK firm wins Gorgon valve contract


O'Neill eyes India for LNG exports


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COAL SEAM GAS 
Faith held in Galilee


GALILEE Basin CSG chaser Galilee Energy has updated resource estimates for its 100%-owned ATP 529P, and says there is potential for up to 5314 petajoules of 3C contingent gas within the block, a dramatic increase from its last independent report in 2011.
Full Story...


MORE COAL SEAM GAS

Metgasco still trapped in bureaucratic limbo


Doyle's unconventional approach


APLNG plugs in


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SHALE GAS 
Theia result shines


PRIVATELY-held Finder Exploration’s first onshore data-gathering well, Theia-1, appears to have validated the company’s model of a prognosed sweet spot in the rich Goldwyer shale in Western Australia’s the Canning Basin.
Full Story...


MORE SHALE GAS

Shale dream world about to fall


McLendon’s $US75M Empire deal


Methane detection challenge


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SAFETY & ENVIRONMENT 
Ant invasion no issue for Inpex


AN aggressive three-millimetre-long invasive ant, capable of overwhelming and eating native ants, has brought parts of the Port of Darwin to a standstill, but the Ichthys LNG development is unaffected, Inpex has told Energy News.
Full Story...


MORE SAFETY & ENVIRONMENT

Stena expresses regret over deaths


ConocoPhillips questioned over breaches


Stena pleads guilty over deaths


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CAREERS & RECRUITMENT 
Gorgon strike Friday as 400 job cuts rumoured


HUNDREDS of construction workers on Australia's biggest resource project will walk off the job for 24 hours on Friday over a dispute over new rosters, causing yet more headaches and delays for Chevron Corporation’s complex $US55 billion Gorgon LNG project on Barrow Island.
Full Story...


MORE CAREERS & RECRUITMENT

EMGS CEO leaves after eight months


Women in Resources finalists announced


Gorgon strikes likely


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DRILLING 
Stena expresses regret over deaths


STENA Drilling’s Australian arm says it “very much regrets” the tragic deaths of two crew members during drilling operations in the Otway Basin in 2012.
Full Story...


MORE DRILLING

Oil business drags on Imdex


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INDUSTRY MOVES 
EMGS CEO leaves after eight months


NORWEGIAN geophysical services firm Electromagnetic Geoservices has parted ways with its CEO after he was in the job just eight months, citing low oil prices for the dramatic action.
Full Story...


MORE INDUSTRY MOVES

MOL’s North Sea innovation drive


Schlumberger in bold $US14.8B move


Total exits coal


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PIPELINES 
Gippsland pipeline replacement on track


AFTER 40 years of operation, and more than two years of planning, the Gippsland Basin Joint Venture is believed to be close to approving a $400 million project to replace the oil and condensate pipeline that links the Longford and Long Island Point facilities in Victoria.
Full Story...


MORE PIPELINES

Pipeline group backs NT interconnector


Cottee’s crusade for NT cavalry


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PRODUCTION 
US production revised down


IN a rare spot of good news for the oil price, the US Department of Energy has revealed that domestic production in June was 9.3 million barrels per day, about 100,000 barrels lower than the previous estimate.
Full Story...


MORE PRODUCTION

MOL’s North Sea innovation drive


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Gorgon strike Friday as 400 job cuts rumoured


HUNDREDS of construction workers on Australia's biggest resource project will walk off the job for 24 hours on Friday over a dispute over new rosters, causing yet more headaches and delays for Chevron Corporation’s complex $US55 billion Gorgon LNG project on Barrow Island.
Full Story...

Death of gas claims premature


NEW claims that Australia’s gas consumption will collapse in the next 10 years are wildly premature, the Energy Networks Association said in response to a report from the Melbourne Energy Institute, which found more competitive reverse cycle air conditioning and higher wholesale gas prices could halve the domgas market from its 2012 demand peak.
Full Story...

The great GoM comeback


BP MAY still be reeling from more than $25 billion worth of settlements over the 2010 Deepwater Horizon spill, but the technically demanding Gulf of Mexico has found a new lease of life among super-majors and independents with, of all things, its reputation as near-par excellence of industry best practice.
Full Story...

   CURRENT FOCUS FEATURES

Offshore Equipment & Services

Maersk approves giant North Sea development



UPCOMING FOCUS FEATURES

OCTOBER : PNG & INDONESIA
OCTOBER : PIPELINES
OCTOBER : OIL & GAS ENGINEERING
NOVEMBER : DRILLING TECHNOLOGY
NOVEMBER : RISING STARS
DECEMBER : RENEWABLE ENERGY
DECEMBER : MAINTENANCE & SHUTDOWN

   TODAY'S STORIES CONTINUED


Energy Briefs


IN TODAY’S Energy Briefs: Shell sex scandal; Warro sidetracked; Armour considers WestSide response; Strike says Cooper coal gas promising; OGN at risk; Syncrude explosion; Libyan government seeks assurances; IOC seeks Iran gas; MLNG milestone; Scotland calls for tax breaks; CNOOC suspended; JA Solar delivers; Hydro upgrade; 3D delays; Interoil spuds; Range funded; and Lonestar loss.
Full Story...

Filtration specialist cleans up GTL giant


AN international leader in filtration and separation is manufacturing key assemblies for the world’s first gas-to-liquid refinery in South Africa, further enhancing its highly efficient operation.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: Short leaves Pryme; Legal eagle King signs with MinterEllison; National Oilwell Varco replaces interim CFO.
Full Story...

The false dawn of the oil price bounce


OIL had its best two day rise in six years at the end of last week with the only problem being that nobody, not even Slugcatcher, believes that the 18% rise in the rise of Brent quality crude is sustainable.
Full Story...

Gippsland pipeline replacement on track


AFTER 40 years of operation, and more than two years of planning, the Gippsland Basin Joint Venture is believed to be close to approving a $400 million project to replace the oil and condensate pipeline that links the Longford and Long Island Point facilities in Victoria.
Full Story...

Santos’ second Spar success


SANTOS has enjoyed another win in the Supreme Court of Western Australia, which ruled on Friday that Quadrant Energy (previously Apache Energy) can be removed as the operator for material breaches of the Spar field joint operating agreement.
Full Story...

Energy Briefs


IN TODAY’S Energy Briefs:Fire kills Saudi workers; More woes for Entek; Swala exits Zambia; Frackman fallout; US gas rigs fall; Tianjin audits delay Sino; Empire secures Kansas expansion; APPEA hits out at WA Labor; AJL restructures farm-in; no sale for Austin; NSW lags in renewables; Winchester tests; Ipswich says no to CSG; UIL plans seismic; Prosafe leases flotel; Shell’s Nigeria woes; Aleator sells Ukraine.
Full Story...

Stena expresses regret over deaths


STENA Drilling’s Australian arm says it “very much regrets” the tragic deaths of two crew members during drilling operations in the Otway Basin in 2012.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: Sino renewal; Azonto changes; and Mako board shuffled.
Full Story...

ConocoPhillips questioned over breaches


NORWAY’s Petroleum Safety Authority has completed its investigation into two serious incidents that occurred on ConocoPhillips’s massive Eldfisk project in the Norwegian North Sea last August and has asked the US oiler to explain its actions.
Full Story...

Oil business drags on Imdex


ANALYSTS are Hartleys are continuing to back drilling products firm Imdex, despite a worse than expected loss for the past fiscal year.
Full Story...

Stena pleads guilty over deaths


STENA Drilling has pled guilty to a charge relating to the deaths of two workers on the Stena Clyde semi-submersible drilling rig during operations for Origin Energy in the Otway Basin in 2012.
Full Story...

Woodside in training first


JOB applications for an innovative industry-first training program created in collaboration with Woodside Petroleum, Quadrant Energy, Shell and Vermilion Oil & Gas open today, to address projections that more than half Australia’s oil and gas workforce will have reached retirement age within a decade.
Full Story...

The irrationality of doom


NORWEGIAN firm Rystad Energy says the doom and gloom medium-term forecasts of sub-$US50 oil are simply not sustainable, just as OPEC ramps up its begging for cartel leader Saudi Arabia to stem the bleeding.
Full Story...

Energy Briefs


IN TODAY’S Energy Briefs: Woodside-Oil Search rumours resurface; Total midstream sale; Pryme reports loss; Antilles coup; Austin drills; Abilene CKU success; SCEE cuts debt; Pan Pacific block renewed; Rawson denies rumours; Newcastle cuts fossil fuel investments; Russia’s carbon scam; CLP signs DNV; Marion creditors to meet; WA solar to surge; Petrobras fire kills two; Ararat benefits; Range pays up; MLNG moves; Circle duster.
Full Story...

Chevron a Golden Gecko finalist again


CHEVRON, the custodian of the Class A reserve on the environmentally sensitive Barrow Island, is the only oiler to be nominated as a finalist in the Western Australian Department of Mines and Petroleum’s 2015 Golden Gecko Awards for Environmental Excellence.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: Greene’s appoints Hayes to VP role; Molopo change; IGas lures Tullow GM as CFO; DuPont rings changes at the top; and Petroceltic adds listing guru as non-executive director.
Full Story...

EMGS CEO leaves after eight months


NORWEGIAN geophysical services firm Electromagnetic Geoservices has parted ways with its CEO after he was in the job just eight months, citing low oil prices for the dramatic action.
Full Story...





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