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
“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
Japan has confirmed it is ready to build Australia’s submarines entirely at local shipyards, after stumbling in its effort to win the A$50 billion ($34.76 billion) contract, reports Reuters. According to Masaaki Ishikawa, director general for Acquisition Reform at the Ministry of Defense, Tokyo was willing to train hundreds of Australian engineers in Japan's submarine-manufacturing hub of Kobe as well as in Australia as part of its offer for one of the world's biggest
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.
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
Indonesian and Australian authorities have signed an agreement to combat illegal, unreported and unregulated (IUU) fishing and to promote sustainable fisheries governance across the region. The Ministry of Maritime Affairs and Fisheries has signed a cooperation agreement with the
Australia’s newest military capability, the Amphibious Ready Element, has demonstrated its capacity in waters off the North Queensland coast during the Sea Series of exercises. Conducted by the Brisbane-based Deployable Joint Force Headquarters
The Palaszczuk Government has appointed one of Queensland’s most respected businesswomen, Renita Garard as the new Chair of the Port of Townsville. In a statement released earlier today, Acting Premier Curtis Pitt said that Ms Garard was being appointed at a pivotal time in Port
Maersk Line will add a call at the port of Laem Chabang in Thailand on its Boomerang service starting from October 2015. This unique setup offers Thai exporters and importers with the first and only direct service between Thailand and Australia.
Weak holiday demand to pressure rates lower. Rebound seen after China returns to market on Oct 8. Freight rates for capesize bulk carriers could come under pressure next week as lower cargo volumes due to holidays in China thwart shipowners efforts to push rates higher, ship brokers said.
Qatar has retained the crown of the biggest exporters of natural gas and the biggest exporter of liquid gas or LNG in the world, reports The Peninsula. The country exported nearly 77 million tonnes (MT) of Liquefied Natural Gas (LNG) in 2014 which was approximately one-third of
Japan looking to fix faltering Australian submarine bid. Japan is ready to match European rivals and build a fleet of submarines for Canberra entirely at Australian shipyards, a senior Japanese official said on Tuesday, after stumbling in its effort to win the A$50 billion ($34
The sudden appearance of a submarine has caused excitement among hundreds of ferry users at Penang Port, Malaysia. The Australian navy submarine HMAS Sheean arrived in for a visit Penang at around 11.30am Monday. HMAS Sheean is in the port for the crewmen’s holiday before they
Lessons learned from recent international search and rescue operations, including the ongoing search for MH370, were discussed during an East Asia Summit (EAS) seminar in Sydney this week. Co-chaired by Australia and Thailand
An Indonesian flagged general cargo ship has been banned from entering or using any port in Australia for three months. The vessel Noah Satu (IMO9313620) has been issued with a direction not to enter or use any port in Australia for three months after being detained by the Australian
Vard Holdings Limited announced it has secured a bareboat charter contract for the first of two vessels whose original shipbuilding contracts were terminated earlier during the year. The vessel, a platform supply vessel (PSV) of VARD 1 08 design
FLNG deal-making has been sporadic since Woodside Petroleum at the end of 2013 delayed a final investment decision for the giant Browse FLNG project off Northwest Australia. The previous year had seen go-aheads for most of the floating liquefied natural gas projects (FLNG) underway today
The inaugural bilateral maritime exercise between India and Australia, AUSINDEX15, has concluded in Visakhapatnam, India. The activity brought together ships and aircraft from both countries to strengthen defence co-operation under the Framework for Security Cooperation announced
The need to regulate and police the maritime domain to tackle global threats is as pressing as ever, according to Phil Cable, CEO and cofounder of maritime security company MAST. “The global threats faced by the maritime environment, whether it be terrorist, pirate
The ouster of Australian Prime Minister Tony Abbott has further weakened a Japanese bid for one of the world's most lucrative defence contracts, a A$50 billion ($36 billion) programme to build stealth submarines for Australia, sources say.