Northern Endeavour oil vessel without power for weeks in Timor Sea
The blackout is another problem in a clean-up effort of an ex-Woodside vessel that will cost Australia's oil and gas producers well over $1 billion.
Adelaide-based Beach Energy owns half of the Waitsia and Beharra Springs gas fields in the Perth Basin. Its largest shareholder is Kerry Stokes-controlled Seven Group Holdings.
BP's Ironbark well off WA is a duster with "no significant hydrocarbon shows" killing hopes of gas supply to the North West Shelf LNG plant and crashing shares in Cue and NZ Oil and Gas.
Fortescue and Mitsui appear to have agreed massive emissions cuts with WA's environmental watchdog that is now looking at Woodside and Chevron LNG projects.
Don Voelte does not hold back telling the tale of the east coast gas mess that Woodside wisely avoided and Beach Energy profited from.
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