Latest Asset Integrity News

Australian Oil Company Limited (ASX, AOK) has secured key assets in Queensland's Surat Basin and completed a strategic acquisition in California, positioning itself for near-term production growth and exploration upside.

SRJ Technologies has completed the first phase of its growth strategy and is now advancing into market penetration with a significant $23.8 million joint venture in the Middle East and a key board appointment.

SRJ Technologies’ UAE subsidiary has landed a US$879k contract to manage a major controls upgrade for a Middle Eastern National Oil Company, marking a key step in its regional expansion.

Biotron Limited has completed a $1 million placement to fund the development of its newly acquired Sedarex Limited assets, marking a strategic expansion of its antiviral portfolio.

Centuria Capital Group has expanded its agriculture portfolio by acquiring Australia’s largest hydroponic glasshouse facility in South Australia for $168 million, boosting its agriculture assets under management by 25%.

SRJ Technologies has partnered with CAPSA Engineering in a $23.8 million joint venture to deliver critical electrical asset integrity services for a Middle Eastern National Oil Company, marking a major step in its regional expansion.

Argent BioPharma has locked in an A$11 million convertible financing facility to finalize its strategic acquisition of AusCann assets and accelerate its growth plans, including a potential US stock exchange listing.

Downer EDI Limited has landed a substantial $750 million contract with Chevron Australia to provide maintenance and support services at key Western Australian energy facilities over up to 15 years.

Woodside Energy Group unveiled an ambitious growth strategy at its 2025 Capital Markets Day, targeting a net operating cash flow of around US$9 billion by the early 2030s, driven by key LNG and ammonia projects.

Macarthur Minerals bolstered its financial position through a nearly A$2 million entitlement offer and strengthened governance with a key board appointment, setting the stage for advancing its Lake Giles Iron Ore Project.

SRJ Technologies has made significant strides in its three-year growth plan, securing a $6 million joint venture with a Middle East National Oil Company and raising £1.4 million to fund its regional expansion.

SRJ Technologies has landed a US$269,000 contract to supply its BoltEx flange integrity solution to a leading FPSO operator offshore Guyana, marking a strategic foothold in a key offshore energy market.