Pipelines Gas

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.

PPO News provides you with a wrap of this week’s company news and movements in the Australian oil and gas industry.

Royal Dutch Shell has reached an agreement to sell its shares in Shell entities in New Zealand to OMV for US$578 million

The Easternwell Rig 101 has commenced mobilisation from Longreach to the Glenaras Gas Project in ATP 2019 in Queensland’s Galilee Basin.

WA implements LNG taskforce

WA is aiming to become a global LNG hub, with the creation of new job opportunities focused on servicing, maintaining and improving existing operations.

Mira-6 the top dog

Comet Ridge has confirmed its Mira-6/2 vertical-horizontal pilot as the best performing gas producer in Central Queensland’s Mahalo Block.

The INPEX-operated Ichthys LNG Project is on track to commence production at the end of March from its onshore facilities at Bladin Point near Darwin.

The Ocean Monarch drilling rig has completed its mobilisation from Fremantle to the Casino Henry Gas Project in the Otway Basin, offshore Victoria.

The Mereenie Joint Venture (JV) will proceed with the development of the Mereenie gas field in the Northern Territory.

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