Exceed, Weatherford Join forces
Well management and performance improvement specialist Exceed has bolstered its decommissioning credentials through a strategic alliance with international oil and gas service company, Weatherford. The collaboration will offer an end-to-end solution for well decommissioning, using an integrated team which brings together extensive technical and commercial capabilities. Exceed brings a proven track record in well management to the partnership which will ensure lessons are learned…
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, citing poor expected returns, and said on Thursday they aim to consider alternatives swiftly. The decision comes amid worries about $180 billion worth of future LNG projects in Australia, as costs have soared on projects already underway with rivals competing for labor and equipment instead of partnering to develop gas resources.
