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16-Well Drilling Contract Goes to Valaris
An Australia-based operator has awarded Valaris a 16-well contract. PHOTO SOURCE: Valaris
8:00 PM EST | July 12, 2021
Offshore Africa Contract Goes to Zenith
The Ocean BlackRhino is one of two Diamond Offshore drillships bound for Sangomar later this year. PHOTO SOURCE: Zenith Energy
8:00 PM EST | April 25, 2021
Australia Oil and Gas Players Seek to Cut $39B Decom Bill
ExxonMobil, Santos, Baker Hughes, and others are banding together to try to come up with ways to cut costs.
7:00 PM EST | March 09, 2021
Rystad Sees Speedy FPSO Comeback
2021 should mark a recovery period for FPSO contract awards, Rystad Energy predicts.
8:00 PM EST | July 08, 2020
FAR in Default on Senegal Project
On top of the default announcement, FAR also revealed more job losses and executive pay cuts.
8:00 PM EST | June 24, 2020
Woodside Awards Pluto-Karratha Contract
This photo shows the Pluto LNG Plant in Karratha, Western Australia. PHOTO SOURCE: Woodside Energy Ltd.
8:00 PM EST | May 12, 2020
TechnipFMC Wins Offshore Australia Contract
The Woodside contract covers development of the Lambert Deep and Greater Western Flank fields.
8:00 PM EST | April 21, 2020
Deepwater Transformation Sparking New Interest
Changes have revived interest in deepwater projects and enabled new ones in regions including the North Sea, the Gulf of Mexico and China Seas.
8:00 PM EST | October 16, 2019
Halliburton Wins Nine Contracts for Work Offshore Senegal
Woodside Energy has awarded Halliburton nine conditional contracts for drilling and completions services offshore Senegal.
8:00 PM EST | August 11, 2019
Chevron Aims to Turn Canada LNG Plan Into Electric Design
Chevron is seeking approval to modify its plans for a LNG export facility on Canada's Pacific Coast to an all-electric design.
8:00 PM EST | July 14, 2019
McDermott to Design Scarborough FPU for Woodside
The FEED contract could progress to an EPCI contract.
7:00 PM EST | February 04, 2019
Offshore Australia Contract Goes to KBR
KBR has won an engineering contract for the two gas FPSO facilities for the proposed Browse to North West Shelf Development.
8:00 PM EST | October 10, 2018
Pipe Dream? Chevron, Woodside Vie to Shape Australia's LNG Sector
After spending a decade and billions of dollars developing Australia's vast gas reserves, Chevron and Woodside are at odds over the pace and timing of the next leg of expansion.
8:00 PM EST | June 14, 2018
Chevron Unveils Shared Vision for North West Shelf Infrastructure Stimulus
Chevron extends invitation to Woodside and Shell to collaborate on shared infrastructure development.
8:00 PM EST | May 15, 2018
Woodside To Raise $2B, Look To Offshore Gas Project For Growth
Woodside launches a surprise share sale to raise funds to take control of and develop a long-stranded gas field off the country's west coast.
7:00 PM EST | February 13, 2018
Chevron Starts LNG Output at Australia's Wheatstone
The LNG market will be focused on how smoothly Wheatstone progresses following the troubled start-up at Chevron's bigger Gorgon LNG project.
8:00 PM EST | October 08, 2017
Global LNG: Faltering Supply Prompts Short-Covering Price Rally
Asian spot LNG prices gained ground this week with traders and portfolio players engaged in short-covering.
8:00 PM EST | August 10, 2017
Woodside Sees Output Growing 15 Pct Over Next Three Years
After 2020, output will grow further with the expansion of its Pluto LNG project in Australia.
8:00 PM EST | May 22, 2017
Woodside Flags Growth Options After Tough Year
Woodside Petroleum Ltd says it sees its output rising by about 15% over the next 3 years and flags plans to expand near-term output in Western Australia.
7:00 PM EST | February 21, 2017
Australia, East Timor Aim To Agree Maritime Border By Sept
Australia and East Timor aim to reach an agreement on a maritime border by the end of September, which would end a decade-old row between the 2 nations that has stalled a $40 billion gas project.
7:00 PM EST | January 23, 2017
Subsea 7 Secures Services Contract with Woodside Energy
Oilfield services company Subsea 7 S.A. secures a sizeable contract with Woodside Energy Ltd for the Greater Western Flank Phase 2 Project, offshore Australia.
7:00 PM EST | December 01, 2016
Australia Watchdog Says North West Shelf Gas Venture Underpaying Royalties
The North West Shelf joint venture cut royalties it owed by claiming more than $3.7 billion in deductions, some of which weren't valid, a government watchdog says.
7:00 PM EST | November 27, 2016
Woodside: Oil, Gas Deal Environment Has Improved Over Past Year
The environment for getting deals done in oil and gas is better now than it was a year ago says Woodside Petroleum's Chief Financial Officer Lawrie Tremaine.
8:00 PM EST | October 19, 2016
Wheatstone LNG Development Start-Up in Mid-2017 Says Woodside CEO
The Wheatstone LNG development is ready to start-up in mid-2017, according to Woodside Petroleum Ltd CEO Peter Coleman.
8:00 PM EST | October 19, 2016
Woodside Eyes LNG Boost After $400 Million Gas Deal With BHP
Woodside may look to funnel gas from the Scarborough field off Western Australia to one of its existing liquefied natural gas plants after agreeing to a $400 million deal to buy half of BHP Billiton's stake in the remote offshore resource.
8:00 PM EST | September 05, 2016
Woodside Buys 50% of BHP Billiton's Scarborough Assets Off WA for $400M
Woodside Petroleum inks agreements to acquire half of BHP Billiton's Scarborough area assets in the Carnarvon Basin, off Western Australia for $400 million.
8:00 PM EST | September 04, 2016
Bumi Armada's 2Q Revenue Falls 12.2% to $99.7M as FPSO, FGS Incomes Dip
Malaysia's Bumi Armada posts a revenue of $99.7 million in the second quarter of 2016, down 12.2 percent from a year ago, as contributions from its floating production storage and offloading (FPSO) and floating gas solutions (FGS) units declined.
8:00 PM EST | August 28, 2016
Exxon's Pacific Gas Partner Sees LNG 'Revolution' Among Buyers
Exxon Mobil Corp.'s partner in a $15 billion liquefied natural gas export project in Papua New Guinea sees Asian buyers pushing back on the pricing and structure of LNG contracts as a glut of supply gives them greater bargaining power.
8:00 PM EST | August 23, 2016
ConocoPhillips Confirms FAR Holds Pre-Emption Right for Senegal Project
ConocoPhillips confirms that Australia's FAR holds a right of pre-emption over the former's sale of its stake in Senegal to Woodside for up to $430 million.
8:00 PM EST | August 22, 2016
Woodside, Santos Profits Slump, Focus On Cost Cuts
Weak oil and gas prices hammered half-year profits at Australia's Woodside Petroleum and Santos Ltd, but investors sent their shares higher as both companies report progress on cost-cutting.
8:00 PM EST | August 18, 2016
Australia's AIG Says Geoscientists in Energy Sector Face High Unemployment
AIG says geoscientists in Australia's energy resource exploration and production segment have the highest rate of unemployment nationally compared to their peers.
8:00 PM EST | August 03, 2016
Technip Wins Large Subsea Deal from Woodside for Greater Enfield Project
Technip wins a large subsea contract, worth $275-$550 million, from Woodside for the Greater Enfield Project offshore Western Australia.
8:00 PM EST | July 26, 2016
Woodside Q2 Revenue Falls 8% On Weaker Oil Prices
Woodside reported a 10 percent rise in oil and gas output in the June quarter, while revenue fell 8 percent due to weaker oil prices, but says it expects third quarter revenue to improve.
8:00 PM EST | July 20, 2016
OneSubsea Bags $300M Contract for Greater Enfield Project Off Australia
OneSubsea bags a $300 million engineering, procurement and construction contract from Woodside for the Greater Enfield Project offshore northwest Australia.
8:00 PM EST | July 14, 2016
Woodside Taps into Big Oil Find off Senegal for Growth
Australia's Woodside Petroleum expands its push into West Africa, agreeing to buy ConocoPhillips' deepwater stakes off Senegal.
8:00 PM EST | July 13, 2016
Woodside to Buy ConocoPhillips' Senegal Holdings for $350M
Woodside Petroleum agrees to buy ConocoPhillips' deepwater stakes off Senegal, including one of the world's most promising recent oil finds, for $350 million.
8:00 PM EST | July 12, 2016
Keppel Wins $89M Deals for Work on 3 Floating Facilities, 1 Pipelay Vessel
Keppel Shipyard wins contracts valued at $89 million for work on three floating facilities and a pipelay vessel.
8:00 PM EST | July 07, 2016
Aibel Bags Modification Contract from Woodside for Nguijma-Yin FPSO
Aibel bags a modification contract from Woodside for the Nguijma-Yin floating production storage and offloading facility located offshore Western Australia.
8:00 PM EST | July 03, 2016
SapuraKencana Secures $125M of Drilling, Engineering & Construction Deals
SapuraKencana Petroleum secures $125 million of drilling as well as engineering and construction contracts and contract extensions in Malaysia, Australia and Trinidad and Tobagao.
8:00 PM EST | June 27, 2016
Woodside-Mitsui JV Approves $1.9B Greater Enfield Project Off WA
The Woodside-Mitsui joint venture approves the development plan for the $1.9 billion Greater Enfield Project off Exmouth in Western Australia, with first oil planned for mid-2019.
8:00 PM EST | June 26, 2016
Russell: No New Australian LNG Projects Doesn't Mean No New LNG
Conventional wisdom in the liquefied natural gas (LNG) sector is that no new projects will be built for several years, given the vast cost can't be reconciled with the current low prices.
8:00 PM EST | June 08, 2016
Woodside Reports Higher Contingent Resource from 2 Myanmar Discoveries
Woodside Petroleum reports an 83 million barrels of oil equivalent (MMboe) increase in contingent resource to 4,481 MMboe from its two recent discoveries offshore Myanmar.
8:00 PM EST | May 19, 2016
Technip Secures Engineering Services Contract with Woodside Petroleum
Technip secures an engineering services contract by Woodside Petroleum to support all of the Australian energy firm's operated onshore, offshore and subsea producing assets.
8:00 PM EST | May 10, 2016
Bumi Armada Files Claim for $284M Over Woodside's FPSO Contract Termination
Bumi Armada files claim for $283.5 million in Western Australia's Supreme Court after Woodside terminated the contract for the Armada Claire FPSO.
8:00 PM EST | April 21, 2016
Jacobs Bags Contract to Join Woodside's Engineering Services Panel
Jacobs Engineering bags a contract from Woodside to join a panel to provide engineering services for the latter's onshore and offshore assets in Australia.
8:00 PM EST | April 19, 2016
Woodside's 1Q 2016 Sales Revenue Down 30.3% to $982M
Woodside posts a 30.3 percent decline in sales revenue for the first quarter of 2016 to $982 million, with the fall due largely to low oil and gas prices.
8:00 PM EST | April 19, 2016
Chevron Signs Up Australia's Alinta To Buy Gas From Wheatstone
Chevron agrees to sell 20 petajoules a year of gas from its Wheatstone project to Alinta Energy in Western Australia starting in 2020, securing a customer for more than a quarter of the domestic gas output from Wheatstone.
8:00 PM EST | April 18, 2016
PETRONAS Urges LNG Players to Strive for a More Equitable Relationship
PETRONAS urges liquefied natural gas players to strive for a more equitable relationship in the current oversupplied market to ensure the continuity and sustainability of the business.
8:00 PM EST | April 13, 2016
Woodside to Supply LNG to Pertamina for 15-20 Years
Woodside signs agreement to supply up to 1 million tons per annum of liquefied natural gas per year to Pertamina for a period of 15 to 20 years.
8:00 PM EST | April 12, 2016