Woodside Company News
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Offshore Australia Contract Goes to KBR
Thursday, October 11, 2018 KBR has won an engineering contract for the two gas FPSO facilities for the proposed Browse to North West Shelf Development.
Pipe Dream? Chevron, Woodside Vie to Shape Australia's LNG Sector
Friday, June 15, 2018 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.
Chevron Unveils Shared Vision for North West Shelf Infrastructure Stimulus
Wednesday, May 16, 2018 Chevron extends invitation to Woodside and Shell to collaborate on shared infrastructure development.
Woodside To Raise $2B, Look To Offshore Gas Project For Growth
Wednesday, February 14, 2018 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.
Chevron Starts LNG Output at Australia's Wheatstone
Monday, October 09, 2017 The LNG market will be focused on how smoothly Wheatstone progresses following the troubled start-up at Chevron's bigger Gorgon LNG project.
Global LNG: Faltering Supply Prompts Short-Covering Price Rally
Friday, August 11, 2017 Asian spot LNG prices gained ground this week with traders and portfolio players engaged in short-covering.
Woodside Sees Output Growing 15 Pct Over Next Three Years
Tuesday, May 23, 2017 After 2020, output will grow further with the expansion of its Pluto LNG project in Australia.
Energy Titans Get Schooled in Sharing as Billions Seen Blown
Tuesday, May 09, 2017
Woodside Flags Growth Options After Tough Year
Wednesday, February 22, 2017 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.
Australia, East Timor Aim To Agree Maritime Border By Sept
Tuesday, January 24, 2017 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.
Subsea 7 Secures Services Contract with Woodside Energy
Friday, December 02, 2016 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.
Australia Watchdog Says North West Shelf Gas Venture Underpaying Royalties
Monday, November 28, 2016 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.
Woodside: Oil, Gas Deal Environment Has Improved Over Past Year
Thursday, October 20, 2016 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.
Wheatstone LNG Development Start-Up in Mid-2017 Says Woodside CEO
Thursday, October 20, 2016 The Wheatstone LNG development is ready to start-up in mid-2017, according to Woodside Petroleum Ltd CEO Peter Coleman.
Woodside Eyes LNG Boost After $400 Million Gas Deal With BHP
Tuesday, September 06, 2016 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.
Woodside Buys 50% of BHP Billiton's Scarborough Assets Off WA for $400M
Monday, September 05, 2016 Woodside Petroleum inks agreements to acquire half of BHP Billiton's Scarborough area assets in the Carnarvon Basin, off Western Australia for $400 million.
Bumi Armada's 2Q Revenue Falls 12.2% to $99.7M as FPSO, FGS Incomes Dip
Monday, August 29, 2016 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.
Exxon's Pacific Gas Partner Sees LNG 'Revolution' Among Buyers
Wednesday, August 24, 2016 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.
ConocoPhillips Confirms FAR Holds Pre-Emption Right for Senegal Project
Tuesday, August 23, 2016 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.
Woodside, Santos Profits Slump, Focus On Cost Cuts
Friday, August 19, 2016 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.
Australia's AIG Says Geoscientists in Energy Sector Face High Unemployment
Thursday, August 04, 2016 AIG says geoscientists in Australia's energy resource exploration and production segment have the highest rate of unemployment nationally compared to their peers.
Technip Wins Large Subsea Deal from Woodside for Greater Enfield Project
Wednesday, July 27, 2016 Technip wins a large subsea contract, worth $275-$550 million, from Woodside for the Greater Enfield Project offshore Western Australia.
Woodside Q2 Revenue Falls 8% On Weaker Oil Prices
Thursday, July 21, 2016 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.
OneSubsea Bags $300M Contract for Greater Enfield Project Off Australia
Friday, July 15, 2016 OneSubsea bags a $300 million engineering, procurement and construction contract from Woodside for the Greater Enfield Project offshore northwest Australia.
Woodside Taps into Big Oil Find off Senegal for Growth
Thursday, July 14, 2016 Australia's Woodside Petroleum expands its push into West Africa, agreeing to buy ConocoPhillips' deepwater stakes off Senegal.
Woodside to Buy ConocoPhillips' Senegal Holdings for $350M
Wednesday, July 13, 2016 Woodside Petroleum agrees to buy ConocoPhillips' deepwater stakes off Senegal, including one of the world's most promising recent oil finds, for $350 million.
Keppel Wins $89M Deals for Work on 3 Floating Facilities, 1 Pipelay Vessel
Friday, July 08, 2016 Keppel Shipyard wins contracts valued at $89 million for work on three floating facilities and a pipelay vessel.
Aibel Bags Modification Contract from Woodside for Nguijma-Yin FPSO
Monday, July 04, 2016 Aibel bags a modification contract from Woodside for the Nguijma-Yin floating production storage and offloading facility located offshore Western Australia.
SapuraKencana Secures $125M of Drilling, Engineering & Construction Deals
Tuesday, June 28, 2016 SapuraKencana Petroleum secures $125 million of drilling as well as engineering and construction contracts and contract extensions in Malaysia, Australia and Trinidad and Tobagao.
Woodside-Mitsui JV Approves $1.9B Greater Enfield Project Off WA
Monday, June 27, 2016 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.
Russell: No New Australian LNG Projects Doesn't Mean No New LNG
Thursday, June 09, 2016 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.
Woodside Reports Higher Contingent Resource from 2 Myanmar Discoveries
Friday, May 20, 2016 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.
Technip Secures Engineering Services Contract with Woodside Petroleum
Wednesday, May 11, 2016 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.
Bumi Armada Files Claim for $284M Over Woodside's FPSO Contract Termination
Friday, April 22, 2016 Bumi Armada files claim for $283.5 million in Western Australia's Supreme Court after Woodside terminated the contract for the Armada Claire FPSO.
Jacobs Bags Contract to Join Woodside's Engineering Services Panel
Wednesday, April 20, 2016 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.
Woodside's 1Q 2016 Sales Revenue Down 30.3% to $982M
Wednesday, April 20, 2016 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.
Chevron Signs Up Australia's Alinta To Buy Gas From Wheatstone
Tuesday, April 19, 2016 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.
PETRONAS Urges LNG Players to Strive for a More Equitable Relationship
Thursday, April 14, 2016 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.
Woodside to Supply LNG to Pertamina for 15-20 Years
Wednesday, April 13, 2016 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.
Woodside Inks Contract for Australia's First LNG-Powered Support Vessel
Tuesday, April 12, 2016 Woodside inks a five-year charter contract with Siem Offshore for Australia's first liquefied natural gas-powered marine support vessel to be delivered in 2017.
LNG Backers Face Comatose Market as Oil Shows Signs of Life
Monday, April 11, 2016 As oil markets look for the green shoots of a price recovery, LNG participants are hunkering down for a long winter.
Woodside, KOGAS Ink MoU to Extend Partnership
Monday, April 11, 2016 Woodside and Korean Gas ink a memorandum of understanding to extend their partnership.
Australia's Clough Bags 2 Engineering Services Contracts
Wednesday, April 06, 2016 Australia's Clough bags 2 engineering services contracts, including one from Woodside.
Xodus Delivers Monitoring Service for Woodside's NWS Assets off Australia
Thursday, March 31, 2016 Xodus delivers monitoring service to Woodside for its North West Shelf assets offshore Australia.
Australia's Browse FLNG JV Decides Not to Proceed with Development
Wednesday, March 23, 2016 Woodside and joint venture partners in the Browse floating liquefied natural gas project decide not to proceed with the development off Western Australia.
Siem Offshore Bags Contract to Provide AHTS Vessel to Woodside
Monday, March 21, 2016 Siem Offshore bagged a charter contract from Woodside to provide an anchor handling tug supply vessel for work in Australia.
Bumi Armada Commences Legal Proceedings Against Woodside Over FPSO Deal
Tuesday, March 15, 2016 Bumi Armada commences legal proceedings against Woodside over the termination of a contract for the charter of the Armada Claire floating production, storage and offloading unit.
After Chevron's Mega-Project, Smaller Is Better in Energy
Tuesday, March 08, 2016 With Australia's largest resource development starting to produce LNG, industry leaders and analysts say a venture as ambitious as the Gorgon project won't be replicated any time soon.
Bumi Armada to Challenge Woodside's Termination of Armada Claire FPSO Deal
Monday, March 07, 2016 Malaysia's Bumi Armada plans to challenge Woodside's termination of the contract for Armada Claire FPSO, now operating at the Balnaves field offshore north western Australia.
Woodside Appoints Former Shell Senior Executive Ann Pickard as Director
Monday, February 29, 2016 Australia's Woodside Petroleum appoints former Shell senior executive Ann Pickard as an independent director.