Warrego Energy Ltd, the Australian oil and gas explorer with natural gas assets in the onshore Perth Basin, said its board's recommendation of a takeover by a subsidiary of Hancock Prospecting Ltd. was no longer unanimous following a revised proposal from Australia’s Strike Energy amid an intense Australian company bid battle.
Shell has taken a final investment decision to proceed with the Crux natural gas field joint venture offshore Western Australia to provide more feed gas for the “Prelude” floating LNG export plant.
JERA Co. Inc., the largest Japanese LNG buyer and power asset holder, said it would invest in the Barossa natural gas field offshore northwest Australia to underpin production at the Darwin LNG export plant.
Equinor, the Norwegian energy company and LNG plant operator said it was awarded exploration acreage in the Northern Carnarvon Basin offshore Western Australia as upstream activities continue to expand.