Latest Petroleum industry in Western Australia Stories

2008-09-25 09:00:47

Foster Wheeler Ltd. (Nasdaq: FWLT) announced today that the first onshore LNG processing train (Train 5) in the world to be designed and constructed in modular form is now fully operational and producing LNG for export. First LNG production was achieved ahead of Woodside's target. The processing train was delivered by the Foster Wheeler-led joint venture at Karratha, Western Australia for Woodside Energy Ltd. (Operator) on behalf of the North West Shelf Venture (NWSV). The Foster...

2008-09-22 03:00:27

Santos, an Australian oil and gas exploration and production company, has announced that its subsidiary, Santos Offshore, has purchased a 100% interest in the WA-4-R permit offshore Western Australia, which contains the majority of the undeveloped Spar gas field. The Spar gas field is located in the Carnarvon Basin, offshore Western Australia. The field extends into WA-13-L, in which Santos has a 45% interest. The field is estimated to contain 600 petajoules of gas potential with...

2008-09-15 12:00:30

Australia's liquefied natural gas industry has asked the government to establish a new category to permit exporters to be compensated during the early stages of the country's proposed carbon trading regime. The Australian Petroleum Production and Exploration Association has requested special treatment under a new Clean Global Contributors category in the emissions trading regime. The association has said that as liquefied natural gas (LNG) is a low-emission fuel and helps in the move...

Word of the Day
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.