According to a Sept 15 report from Bloomberg, Daewoo Shipbuilding & Marine Engineering Co. said its Papua New Guinea energy venture may beat Royal Dutch Shell Plc to become the first operator of a floating liquefied natural gas production vessel. The venture could begin using a floating LNG unit in 2014 to process gas from an onshore field, Kim Jin Seok, chief executive officer of DSME E&R Ltd., the shipbuilder’s oil and gas arm, said in an interview in Seoul. Shell is due to receive the first of as many as 10 floating LNG plants in 2016 for use off Australia. (Source: Bloomberg)
ConocoPhillips announced a discovery in the Caldita No. 1 exploration well in the NT/P 61 license located offshore Northern Territory Australia. The well spudded on July 7, 2005, and encountered a significant hydrocarbon column in a high-quality reservoir interval. A drill stem test was conducted that flowed gas at a rate of approximately 33 million standard cubic feet per day on a one-inch choke. The well reached a total depth of 4,037 meters and will be plugged and abandoned as programmed
ABS has been selected by Woodside Energy Ltd, Australia’s largest publicly traded oil and gas exploration and production company, to provide classification and verification services across the Pan-Woodside Energy Ltd asset base for the next five years. The multi-year, multi-million dollar contract covers core operational requirements of the company’s activities off Australia and existing and future emerging projects in Australia, the U.K., the U.S., Singapore and Korea.
According to Bloomberg, Perth-based Woodside Petroleum Ltd. plans to skirt concern among Californians about the safety of liquefied natural gas import terminals by delivering the fuel directly into pipelines from ships moored offshore. Australia's second-biggest oil and gas producer will invest to develop the new technology and get access to the most populous U.S. state. In June, Woodside withdrew from a plan to build a permanent LNG terminal in the state
At 2:50 p.m. (AEDT) today the captain of the Sea Shepherd Australia ship The Bob Barker, Peter Hammarstedt, reported his ship had just crossed into Australia's Exclusive Economic Zone (EEZ) 200 miles off Macquarie Island, but a pursuing Japanese whale harpoon ship, Yushin Maru No. 3, has stopped one mile outside the zone. Federal Minister for the Environment Greg Hunt had been in touch with the Japanese authorities over the impending invasion of the Australian Whale Sanctuary
Woodside, as Operator of the North West Shelf (NWS) Project, advises that the NWS Project participants have approved the Persephone Project off the north-west coast of Australia. The Persephone Project is the third major gas development for the NWS Project in the past six years, demonstrating the joint venture’s commitment to maximising the value of Australia’s largest operating oil and gas project.
“The Australian yacht market is very buoyant at present due to the strong Australian dollar,” said Roberts. “Being market leaders, DYT and Aurora are working hard to service the South Pacific market for yacht transportation in relation to this large influx of yacht movements.” Super Servant 3, at 456 feet (139 meters) in length and operating on a regular schedule to deliver yachts around the world
Australia's Padbury Mining Ltd said it had secured almost $6.5 billion in funding to build a new deepwater port and railway at Oakajee in Western Australia, potentially opening a new export hub for the region's iron ore riches. Plans for a port at Oakajee in Western Australia's Midwest region have been in the works under various companies for decades but have so far failed to get off the ground due to volatility in commodity markets and difficulty securing the massive investment needed
The troubled German-owned, Liberia-flagged containership 'Vega Auriga', which was last week banned by Australia from entering its ports for three months, has now arrived in New Zealand, where it has been detained, informs ITF Seafarers. The ship – described by the Australian Maritime Safety Authority as a "repeat offender" for breaches of seafarer welfare and ship maintenance – was detained in Tauranga after Maritime New Zealand found 14 deficiencies
Otto Marine says it has clinched AUD57-million worth of charter contracts in Australia for two of its large deep water AHTS vessels. Otto Marine Limited, which owns and operates a large fleet of offshore support vessels, with shipyard and other specialized offshore services, says that it has secured time charter contracts with two oil majors for its deep water anchor handlers, GO Sirius and GO Spica. Employed in drilling and pre-lay support, the 16
SYDNEY, May 1 (Reuters) - An Australian port used by Chevron for liquefied natural gas exports has been forced to close by a cyclone off the country's west coast. The Port of Ashburton was shut at 0400 GMT, the Pilbara Ports Authority said.
According to the Australian Bureau of Meteorology's update at 0600 hours local time today (30 April), Severe Tropical Cyclone Quang has just reached category 4 intensity. The cyclone lies about 785km (425NM) northwest of NW Cape. Further intensification is possible.
On the 100th anniversary of the Anzacs’ landing at Gallipoli, BHP Billiton has honoured the contribution of serving Australians and New Zealanders past and present through its support of a number of commemorative initiatives across Australia including a A$10 million donation to the
Australia's Newcastle port, the world's biggest marine coal export terminal, will reopen later on Thursday after shutting down earlier this week due to a heavy storm, according to the port. Australia's biggest coal companies, including BHP Billiton Ltd , Glencore Plc, Rio Tinto
Labor’s indecision has left shipbuilding in a precarious and uncertain state The Abbott Government is committed to a sustainable Australian naval shipbuilding industry. Sadly, years of neglect by the former Labor government has left shipbuilding in a precarious and uncertain state.
Coal port shut since Monday night; seven coal ships waiting to leave, ship queue undisclosed. * Newcastle coal futures price up 10 pct this week (Adds coal terminal operator comments) MELBOURNE, April 22 (Reuters) - Australia's Newcastle port, the world's biggest coal export port
A slow moving low pressure system is bringing severe weather conditions off the New South Wales coast, prompting port closures at Port Kembla and Sydney and the imposition of restrictions in Newcastle. Port Kembla remains closed with monitoring of the port entrance to continue
Petter Sundet, Captain of Edda Fortis, discusses with Maritime Reporter & Engineering News the evolution of top-notch accommodation in the offshore environment. Please provide a brief bio. Specifically, how did you come to a career in the marine industry
Stena Bulk has signed an agreement covering the charter of the LNG carrier Stena Blue Sky for the North West Shelf Project in Australia. The duration of the charter is up to three years with a possible further extension as a goal. The contract was signed at current market freight rates
The Singapore Shipping Association (SSA) has appointed a full time Technical Director who will be responsible for ensuring the Association maintains its pledge of delivering a high level of technical advice and service to its members against a rapidly changing international regulatory
The Australian Navy’s future submarine project has been excluded from the country's shipbuilding review on advice from the Abbott government that the new fleet would be built offshore. The review’s final report, published on Thursday
The Australian Renewable Energy Agency (ARENA) today announced up to $20 million for a new research and development (R&D) round dedicated to industry-partnered projects that seek to develop and commercialise renewable energy technologies.
The bridge layout for two 72-meter high speed support vessels (HSSVs) for the Royal Navy of Oman has been formally approved during a ceremony held at Austal Australia’s shipyard in Henderson, Western Australia, the shipbuilder announced.
Woodside advises that the Pyxis-1 exploration well in production licence WA-34-L has intersected approximately 18.5 metres of net gas within the Jurassic sandstone target. The well reached a total depth of 3347 metres. Wireline logging has confirmed the discovery through the recovery of
Iron ore shipments to China from Western Australia's Port Hedland, the world's biggest terminal for shipments of the steelmaking raw material, rose 3.3% from February to 31.2 million mt in March. While the rise is partly attributable to fewer shipping days in February