MARKETS

Jadestone shutters Montara for maintenance

JADESTONE Energy will lose millions of dollars following its decision to shut down the Montara oil field after finding a second leak, not an oil spill, in a water ballast tank at its FPSO offshore Western Australia.

Jadestone shutters Montara for maintenance

Late on Friday, Jadestone told shareholders it would lose between US$2 million to US$4 million by shutting down the Montara oil field for the remainder of the month. It also stressed the field may remain...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.