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Zenith Energy to lead P&A campaign for nine Timor Sea wells

Zenith Energy Australia has been awarded a contract by the Australian government to lead Phase 2 of the Northern Endeavour decommissioning program, including the permanent plugging and abandonment (P&A) of nine subsea wells in the Timor Sea.    The contract, awarded following an international tender process, covers wells within the Laminaria-Corallina oil fields and represents a key stage […]

Australia’s Gas Market Still Strained Despite Government Measures

Southern Australian states are heavily reliant on the gas produced in Queensland. Earlier this year, they prompted the government to try and force producers to set aside a certain amount of the energy commodity for the domestic market. Big Oil immediately responded with warnings that this could discourage further investment in the country’s gas industry, which is necessary to boost supply for the future.