Energy

Monadelphous Group has won a five-year contract to provide its services to a number of Woodside Petroleum’s operations in the North West.

AGL Energy has appointed non-executive director Graeme Hunt to take over as chairman when Jerry Maycock retires.

APA Group will construct a new $180 million gas pipeline and power station to provide energy to Gold Road Resources’ Gruyere gold project near Laverton.

Perth-based construction company Whittens has won a $22 million contract to provide its services to MACH Energy Australia’s Mount Pleasant thermal coal project in NSW.

Concrete construction group Whittens has won a contract to provide its services to the construction of cryogenic tanks at the Ichthys LNG project in Darwin for an undisclosed sum.

Rooftop solar panels cut peak electricity demand last summer by 7 per cent and their growing popularity is reshaping consumption patterns, potentially at higher cost to electricity generators, a new report has found.

Engineering company Wood Group has won a $US6 million ($A7.9 million) contract to provide its services to Woodside Petroleum’s Greater Western Flank project in the North West Shelf.

Monadelphous Group has won a contract to complete cryogenic tanks at the Ichthys LNG project in Darwin – the same job that Laing O’Rourke walked away from in March.

Prime Minister Malcolm Turnbull will face a showdown over the merits of a proposed clean energy target when government MPs meet tomorrow.

Woodside Petroleum says its joint venture partner at the SNE oilfield offshore Senegal, FAR, has declined to support a transition for the energy giant to eventually take over as operator of the operation.

A third party has made a play to acquire private company Bombora Natural Energy, after Zeta Petroleum backed out of its takeover plans with the target yesterday.

Energy giant Woodside Petroleum has inked an agreement for the supply of liquefied natural gas to an Indonesian government-owned enterprise.

East coast-based companies AGL Energy and Origin Energy have received approval to enter Western Australia’s domestic gas market, where they will join Wesfarmers subsidiary Kleenheat and Alinta Energy.

Onshore oil producer Buru Energy has taken full ownership of the Ungani operation in the Canning Basin as part of an asset swap with its joint venture partner, Mitsubishi Corporation.

A joint venture between Cottesloe-based Triangle Energy Global and Royal Energy has taken full ownership of the Cliff Head offshore oil project in the Perth Basin after buying out previous stakeholder Roc Oil for $US3.75 million ($A5 million).

Woodside Petroleum plans to boost cash flow through expansion of existing projects over the next few years and has ruled out investment in any major greenfield projects in the near term.

Thermal energy company Enerji has exited administration with plans to raise $5.6 million and lift a share trading suspension on the ASX.

An Auckland-based industrial services provider has won a contract with Woodside Petroleum to build a treatment plant in Karratha to process waste from the energy giant’s oil and gas operations, for an undisclosed sum.

Perth-based Samson Oil and Gas announced today that it had entered into a purchase and sale agreement with a US-based energy company in respect of its State GC assets in New Mexico.

Diversified energy company Pan Asia Corporation announced today that it has entered in to a heads of agreement with Glory Merry for the sale of its Innovation West Mantewe subsidiary, which has a 75 per cent interest in Indonesian mining operation Transcoal Minergy. 

Shares in Zenith Energy were up 10 per cent to 55 cents after the remote generation operator listed on the ASX today, with the company planning to use the $25 million it raised to move into renewables and microgrid technology.

Engineering company Monadelphous Group has been awarded a contract to provide offshore maintenance services to the Ichthys LNG project by oil and gas company INPEX.

Southern Cross Electrical Engineering, through its KSJV joint venture with energy service provider Kentech, has received over $30 million of additional orders under a subcontract with Bechtel.

Woodside Petroleum managing director Peter Coleman has sketched out plans to convert the two LNG plants on the Burrup Peninsula into an integrated processing hub that would take gas from the Browse Basin and other undeveloped fields off the Western Australian coast.

The WA Independent Power Association has called for the state government to block a plan by public generator Synergy to set up a new renewable energy fund, while supporting a move to reduce Synergy’s capacity.

West Perth-based Liquefied Natural Gas has scored a tick from a US regulator for initial site work at its Magnolia project in Louisiana, although a final investment decision won't be made until it has finalised offtake partners.

Perth entrepreneur Steve Tobin is gearing up for an expansion of oil and gas and minerals exploration in Australia, after selling a majority stake in Terrex Seismic to a private equity group to fund the acquisition of what he believes is a breakthrough technology.

ANALYSIS: With abundant supplies of energy and the raw materials growing Asian economies need, WA is set to ride out the economic headwinds facing the eastern states.

Junior explorler Azonto Petroleum has announced plans to farm-in to an oil and gas project in Canada through the acquisition of one of the project’s joint venture partners, which is owned by Perth executive Alan Stein.

Origin Energy has sold its under-development Darling Downs solar farm in Queensland to gas pipelines operator APA Group, but will buy all the electricity generated by the project until 2030.

A new report has rejected changes to tax rules that some advocates say could have reaped billions of dollars in extra revenue from the LNG industry.

Premier Mark McGowan has gently chided the mining and energy sector, saying it needs to lift support for local manufacturing, apprentice training and local employment.