Reconfigure maintenance sourcing for Australian gas production and rig changes

By repositioning the six operational rigs and potentially another four rigs, within Keppel’s fund management platform, we are expanding our FUM and will earn recurring management fees,” said Loh Chin Hua, CEO of Keppel. “At the same time, through our stake in KOF, we will remain invested alongside our Limited Partner, Apollo, in a high-quality modern rig fleet, positioning us to benefit from the improving long-term outlook and tight supply in the rig market

Home Fossil Energy Keppel to divest six operational rigs through new private fund for $936 million July 28, 2026, by Singapore-based Keppel has set up a new private fund to which it will divest ten legacy rigs, as part of its announced monetization, with Apollo Global Management to invest $1. 5 billion in the fund

It establishes a clear pathway for the progressive monetisation of the legacy rigs. By repositioning the six operational rigs and potentially another four rigs, within Keppel’s fund management platform, we are expanding our FUM and will earn recurring management fees,” said Loh Chin Hua, CEO of Keppel

Home Fossil Energy First condensate cargo from Australian project en route to South Korea July 28, 2026, by Australian energy player Santos has marketed, sold and loaded the first condensate cargo from the Barossa gas project for delivery to SK Innovation E&S in South Korea. Source: SK Innovation E&S Approximately 300,000 barrels of condensate were loaded from the BW Opal floating production, storage and offloading (FPSO) vessel at Barossa on July 24 aboard the Aframax tanker Boccadesse for delivery to South Ko

This first condensate export from the project follows the start of LNG production at the Darwin LNG plant, which is now producing at 97% of planned rates. To remind, JERA in June confirmed the arrival of its first LNG cargo at the Futtsu LNG terminal in Japan from Barossa

The cargo is expected to arrive at Incheon Port in early August. Of the 3 million barrels produced annually at Barossa, SK Innovation E&S is entitled to 1

com Falcon Metals has received all regulatory approvals to begin the first-ever drilling program at its Olsen Well prospect within the Errabiddy gold project in Western Australia, marking a major milestone for the under-explored gold target. The company said the drilling tender process is at an advanced stage, with an estimated 3,500m reverse circulation (RC) drilling program planned to begin in September, subject to rig availability

The company said the drilling tender process is at an advanced stage, with an estimated 3,500m reverse circulation (RC) drilling program planned to begin in September, subject to rig availability

“As we move closer to commissioning the Carpentaria Gas Plant and achieving first gas sales from the Pilot Project, we are increasingly focused on converting this resource opportunity into long-term value for shareholders

“As we move closer to commissioning the Carpentaria Gas Plant and achieving first gas sales from the Pilot Project, we are increasingly focused on converting this resource opportunity into long-term value for shareholders. ” Testing began on 11 June 2026, with the well opening at more than 14TJ/day before averaging 6

com Beetaloo Energy has completed IP30 flow testing at its Carpentaria-5H (C-5H) well, recording a peak production rate of more than 14TJ/day, an average 30-day flow rate of 6