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Australia Softens Gas Reservation Rule for LNG Exporters

Australia’s government has relaxed gas supply rules for producers aimed at securing enough gas for the domestic market. Originally, the rules stipulated that producers should reserve 20% of output for the Australian market. Now, the proposal is for up to 20% of output to be reserved for the domestic market.

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 […]