Latest Offshore Infrastructure News

Finder Energy has confirmed the technical feasibility of repurposing the Petrojarl I FPSO vessel for its Kuda Tasi and Jahal oil fields, setting the stage for a final investment decision by mid-2026.

Stockland has formalised a 50/50 partnership with EdgeConneX to develop and operate a portfolio of hyperscale data centres across Australia, blending local property expertise with global data centre know-how.

Babylon Pump & Power reported a $7.16 million loss for H1 FY26, weighed down by acquisition-related expenses and an impairment charge, while its rental segment soared post-acquisitions.

Finder Energy Holdings has completed the acquisition of the Petrojarl I FPSO, a critical step that de-risks the KTJ Project and accelerates its path to a Final Investment Decision expected by mid-2026. The company also secured A$25 million in funding and achieved a significant resource upgrade.

Pilot Energy is progressing its farmout process for the WA-481-P offshore gas project, eyeing early drilling at the Leander Gas Prospect before a delayed 3D seismic survey. The company targets first gas production by 2030 leveraging existing infrastructure.

RemSense Technologies has landed a key contract with ExxonMobil to create a high-resolution digital twin of the Barracouta offshore platform, marking a significant step in its growth within Australia’s oil and gas sector.

Provaris Energy has launched a fully funded Front End Engineering Design phase for its proprietary large-scale liquid CO2 tanks, backed by Yinson. The move signals growing market interest in scalable carbon capture shipping solutions, especially across Asia.

Pilot Energy reports significant progress in transitioning the Cliff Head Oil Field to a carbon storage facility, alongside a major upgrade in WA-481P gas and oil prospective resources and a $6.8 million capital raise.

Carnegie Clean Energy has signed a pivotal Memorandum of Understanding with BiMEP to develop a 6MW wave energy array in Spain’s Basque Country, marking a significant step in commercialising its CETO technology.

Emperor Energy secures independent validation of its Judith Gas Field resources, boosting unrisked prospective volumes to 1.86 trillion cubic feet and setting sights on a mid-2026 appraisal well to advance development.

Hartshead Resources has submitted a development programme and budget to the P2607 Joint Venture, proposing a new gas export route through CalEnergy’s Saturn Banks pipeline, promising reduced capital expenditure and accelerated production timelines.

Hartshead Resources has submitted a revised development report to the NSTA, unveiling a superior gas export route through CalEnergy's Saturn Banks pipeline that promises reduced costs and faster production.