Japan’s Inpex Corporation announced today it had struck an agreement with Shell to purchase a 17.5 per cent interest in the Prelude floating LNG project, located off WA’s northern coast.
The owners of the Ichthys LNG project have today announced that the cost of the development will be US$34 billion, above most recent estimates for the long awaited project.
Forge Group’s wholly-owned subsidiary Cimeco has entered into a $90 million agreement with Chicago Bridge and Iron to provide civil and concrete services for the early stages of the Australian Pacific LNG project in Gladstone, Queensland.
Woodside Petroleum denies it is having doubts about building a gas processing plant in Western Australia's north, following a delay on a decision on the $30 billion liquefied natural gas project in the Browse Basin in WA.
Monadelphous Group has won a $70 million construction, operation support and services contract with lead engineering contractor Bechtel for the early phases of the Wheatstone gas project near Onslow.
Leighton Holdings subsidiary John Holland has secured a $370 million contract to design and construct the accommodation village for Chevron's Wheatstone gas project near Onslow.
The 3,800-bed village project is one of the first major contracts to be awarded for Wheatstone.
Japanese energy major Inpex has signed an agreement with five major Japanese companies guaranteeing sales of 4 million tonnes per annum of LNG from its Ichthys project off the Western Australian coast for 15 years.
The Australian Petroleum Production and Exploration Association has elected Santos’ David Knox as chairman and Woodside Energy’s Rob Cole as vice chairman for the coming financial year.
Mr Knox succeeds Buru Energy executive director Eric Streitburg at the helm of APPEA.
Malaga’s Hertel Modern has won a three-year, $90 million contract to provide paint, insulation and fireproofing services on Chevron’s Gorgon liquefied natural gas development.
Work is due to commence early next year, Hertel Modern managing director Andrew White said.
Japan's Inpex Corporation has announced that a final investment decision on its Ichthys liquefied natural gas (LNG) project may be delayed until January.
Inpex and its partner, France's Total, had been targeting FID by the end of 2011.
Strategic Marine has ramped up its expansion ambitions, announcing it is set to launch two new divisions after winning two major fabrication contracts with John Holland in Queensland.
Santos says it plans to hold on to its Barossa and Caldita gas fields in the Timor Sea, saying they provide a long-term option to feed the established Darwin LNG plant.
Incoming Woodside Petroleum chief executive Peter Coleman said today he would focus on delivering on the company's established strategy, including work on its three major growth projects Pluto, Browse and Sunrise.
Perth-based engineering and construction group Clough has announced that its Clough Curtain joint venture has been awarded $209 million in work orders associated with the PNG liquefied natural gas upstream infrastructure project.
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