People & Policy

APA to raise $500 million


APA Group has launched an entitlement offer to raise approximately $500 million to assist in its growth projects and capital expenditure program.

AWE Limited has reported a loss after tax of $23.8 million in its HY18 results, impacted by non-recurring items of $18.5 million after tax.

Eight projects to boost cross-industry innovation, collaboration and sustainability in the resources sector will share in $2.1 million of government funding.

Valmec’s wholly owned subsidiary, APTS, has secured a licensing agreement with Evisive Inc for its microwave inspection technology in Australia and New Zealand.

Wood wins Ichthys service work


Wood has been awarded the brownfield engineering services contract for the INPEX-operated Ichthys offshore facilities.

Santos strategy pays dividends


Santos’ debt reduction strategy has delivered a 433 per cent increase in underlying profit, which now sits at US$336 million (AU$426.5 million).

Oil Search, ExxonMobil and Total have identified the potential for up to three extra LNG trains in Papua New Guinea (PNG) following recent meetings.

Western Australia has launched a draft code of practice to help promote and maintain the mental health of fly-in fly-out (FIFO) workers in the resources and construction sectors.

Senex Energy’s east coast gas business is expected to drive major production and earnings growth in 2019, with the company looking to accelerate gas project development.

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