
Origin revenue receives boost
Australian LNG exports have been boosted from Gladstone as Origin Energy’s Australian Pacific LNG plant nears full output.
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Australian LNG exports have been boosted from Gladstone as Origin Energy’s Australian Pacific LNG plant nears full output.

Potential delays and cost overruns are likely to have a big impact on returns on investment.

Australia's plans for a huge increase in its production of LNG are being dealt a big blow by a series of production delays.

A TechnipFMC subsidiary has signed an agreement with INPEX Operations Australia for riserless light well intervention services in the Ichthys field for the Ichthys LNG Project.

A consortium expects to file arbitration claims against JKC Australia LNG Pty.

Australia's US$34 billion Ichthys LNG export project has been dealt a blow as engineering firm CIMIC is pulling out.

According to Reuters, Swift Networks Group has been awarded a material contract by INPEX to provide entertainment, connectivity, maintenance and support services for the Ichthys LNG project.

Woodside Petroleum CEO Peter Coleman has announced that the company has little need for more mergers and acquisitions.

Total exports were 10.1 million t above the 26.7 million t shipped in 2015.

INPEX has announced that it has completed the installation of the subsea infrastructure and equipment to extract gas and condensate from the Ichthys field for the Ichthys LNG project.

Fugro has announced that it has been awarded a contract from INPEX Operations Australia Pty Ltd to carry out subsea services across the Ichthys LNG facilities in the Timor Sea.

Armour Energy has signed gas sales agreements with Australia Pacific LNG Marketing Pty Ltd for the supply of gas from Armour’s Kincora project to Australia Pacific LNG over a minimum period of five years.