DLA Piper has represented Brisbane-based Bothar Boring & Tunnelling Pty Limited in a major investment into Australia’s liquefied natural gas (LNG) industry. The deal, which was finalised last week, was for a 49% shareholding in Bothar by Petroserv Group, which is based in Qatar. Bothar will be rebranded as Petroserv International as part of the [...]
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Australian businesses supporting the development of the Chevron-operated Gorgon and Wheatstone Projects have now received commitments of a massive $30 billion in local content spending. The two natural gas projects have also created 14,000 direct and indirect jobs across Australia – 10,000 on the Gorgon Project and 4,000 on Wheatstone. Chevron Australia managing director Roy [...]
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Wood Mackenzie’s Head of Australasia Upstream Consulting, Mr. Andrew McManus, will be presenting at a plenary spot in APPEA this year. Since high cost of production is a huge concern for the Australian upstream industry, Wood Mackenzie will examine how competitive Australia LNG supply will be and the future of the industry. Mr. McManus, will [...]
May 21, 2013 | Posted in
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The importance of Australian liquefied natural gas to global energy security will be highlighted in Texas this week at the world’s largest LNG conference. Resources Minister Gary Gray will stress Australia’s ability to make a major contribution to meeting the massive increase in demand for energy, particularly natural gas, tipped for the next few decades. [...]
April 15, 2013 | Posted in
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Santos Vice President Eastern Australia James Baulderstone addressed the Australian Domestic Gas Outlook 2013 conference in Sydney, where he spoke about the importance of natural gas to New South Wales’ ongoing economic prosperity. Mr Baulderstone explained that prospective natural gas supply shortages in NSW could be avoided by the timely and balanced development of the [...]
Capstone Turbine Corporation, the world’s leading clean technology manufacturer of microturbine energy systems, announced that it received another follow-on order from a large Australian coal seam gas company. The initial order in July 2008 was for the supply of 110 C30 microturbines, which was later increased to 154 C30′s in 2009. The first follow-on order [...]
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Trelleborg has been awarded three contracts to supply docking and mooring equipment and monitoring software to LNG projects on Queensland’s Curtis Island. Queensland Curtis LNG is the world’s first project to turn coal seam gas into liquefied natural gas (LNG). It is currently one of Australia’s largest capital infrastructure projects and will see an investment [...]
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Committed investment in resources and energy major projects in Australia increased to a record $268.4 billion according to the Resources and Energy Major Projects—October 2012, released by the Bureau of Resources and Energy Economics. The $268.4 billion investment value consists of 87 projects that have received a final investment decision including 51 minerals projects, 18 [...]
JMJ announces it is opening a new Business Unit in order to support the growth of its Australia business. The new Business Unit will be centered in Brisbane, and will headquarter JMJ’s efforts throughout Eastern Australia. Much of JMJ’s current work in the country has been serving Chevron mega projects Gorgon and Wheatstone on the [...]
Molopo Energy announced that PetroChina, the purchaser of Molopo’s Queensland assets, has requested a three week extension in order to confirm that the Chinese National Development and Reform Commission (NDRC) approves the transaction. PetroChina has confirmed that the reason for the delay is administrative and they are not aware of any circumstances that would result [...]
