Basin Review Carnarvon Basin

Billions more to be spent


An average of $7.1 billion per year is forecast to be spent on 31 upcoming oil and gas fields in Oceania between 2018 and 2025, according to GlobalData.

Woodside Energy and BHP have reached an agreement over the development of the Scarborough gas field located in WA-1-R off the coast of Western Australia.

The Australian Competition and Consumer Commission (ACCC) has authorised Chevron, Shell, INPEX and Woodside to coordinate LNG maintenance activities in WA and the NT.

Woodside Energy has successfully raised approximately $1.57 billion as part of the institutional component of its entitlement offer.

Woodside signals LNG expansion


Following yesterday’s announcement of a $2.5 billion fundraising scheme for a majority stake in the Scarborough gas field, Woodside is looking to expand its LNG presence.

Woodside gunning for Scarborough stake


Woodside Energy has said it will raise $2.5 billion to fund the purchase of ExxonMobil’s stake in the Scarborough gas field, offshore Western Australia.

Carnarvon Petroleum has been awarded the AC/P63 permit, to be known as the Eagle Project, within the southern Vulcan Sub-Basin on Western Australia’s North West Shelf.

South Korea’s state-run KOGAS has entered court-administered arbitration talks with the NWS LNG Joint Venture over an LNG contract that expired in 2016.

Quadrants Energy’s potential initial public offering (IPO) has been cancelled indefinitely, leading to the possibility of a major investor putting their stake in the company up for sale.

Australia’s gas exploration and production opportunities


With international LNG exports and domestic consumption increasing the demand for Australian gas, significant opportunities exist for the local sector. Gas Today takes a look at what will be driving...

Acreage release boosts economy


Over 200,000 sq km of exploration acreage was released by the Australian Government at the Australian Petroleum Production and Exploration Association Conference in Perth in April 2011.

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