Santos Acquires ConocoPhillips’ Northern Australia Interests
Santos announced it has acquired ConocoPhillips’ northern Australia business with operating interests in Darwin LNG, Bayu-Undan, Barossa and Poseidon for US$1.39 billion plus a $75 million contingent payment subject to FID on Barossa.Matt Fox…
Santos Broadens Offshore Exploration in N.Australia
The oil and gas producer in the Asia-Pacific region Santos has struck a joint venture (JV) agreement with fellow-listed Beach Energy to partner over four exploration permits in the Bonaparte basin…
MODEC Secures FPSO FEED Contract
MODEC, Inc. subsidiary MODEC International Inc. has been awarded a contract by ConocoPhillips Australia, as operator of the Barossa joint venture, for the Front End Engineering Design (FEED) of a floating…
Eni Buys out Shell's Stake in Evans Shoal Gas Field
Italy's Eni announces the purchase of a 32.5% stake in the Evans Shoal gas field in the Timor Sea, Australia. The field is located offshore in the NT/P48 exploration permit in the north Bonaparte Basin…
ConocoPhillips looks to Aussie Transcontinental LNG Pipeline
ConocoPhillips will consider diverting natural gas from fields in northern Australia along a proposed transcontinental pipeline that would link directly to markets in the southeast, a senior executive told Reuters on Thursday. The U.S.
GLNG Starts LNG Production
Santos today announced the Gladstone liquefied natural gas (GLNG) project has started producing its first liquefied natural gas (LNG) on Curtis Island, Queensland, on schedule and within budget. LNG…
Global LNG-Prices Dip on Ample Supplies, Warm Weather
Asian spot liquefied natural gas (LNG) prices for July delivery edged lower this week, as buyers saw no urgency to tap the well-supplied market, traders said. The price of Asian spot cargoes was $7.60 per million British thermal units (mmBtu)…
Darwin LNG Launches Sell Tender
Australia's Darwin liquefied natural gas (LNG) export plant, operated by Conoco Phillips, has launched a tender to sell one cargo loading April 6-7, according to traders familiar with the matter. The…
GDF Suez, Santos Scrap Floating LNG Project
Other options could include pipeline to Darwin; Santos remains bullish on LNG demand outlook. GDF Suez SA and Santos Ltd have dropped plans for a multibillion dollar floating liquefied natural gas (LNG) project off northern Australia…
GDF Suez, Santos, Scrap Australian FLNG Project
GDF Suez SA and Santos Ltd have abandoned plans for a floating liquefied natural gas (LNG) project off northern Australia which was expected to start producing in 2019, the two companies said on Thursday.
