Woodside Petroleum News

 

Woodside Halves Spending Plans. Delays Scarborough, Browse FIDs

Mar 27, 2020

Woodside Petroleum halved its forecast spending for 2020 and deferred go-ahead decisions for its two biggest gas projects to ride out the pain of the coronavirus pandemic and plunging oil prices.Australia's top independent gas producer said…

Woodside, Partners in Talks over $4.2B Sangomar Project Timing

Mar 25, 2020

Woodside Petroleum and its partners are in talks on the timing of their $4.2 billion Sangomar oil project off Senegal, with coronavirus restrictions and collapsing oil prices hampering work on the project.Woodside, Cairn Energy Plc, FAR Ltd…

Woodside Finalizes Gas Deal with Uniper

Dec 24, 2019

Oil and gas producer Woodside Petroleum Ltd said on Tuesday it has signed an agreement to supply liquefied natural gas (LNG) to German utility Uniper SE for 13 years starting 2021.Under the agreement, Woodside said it would initially supply up to 0…

Far Expects Outcome Over Senegal Dispute in 2020

Dec 16, 2019

Australian oil minnow FAR Ltd on Monday said it does not expect to receive the final outcome of a long-running dispute with Woodside Petroleum regarding an oil field off Senegal until January or February next year.The arbitration ruling was due by December 28…

Woodside Submits Sangomar Field Plan

Dec 03, 2019

Australia's Woodside Petroleum on Tuesday said the final field development plan for the Sangomar oil field was submitted to Senegal government, a joint project owner, paving the way for partners to proceed with final investment decisions.The oil and gas explorer…

Woodside Sees Reserve Base Tripling

Nov 19, 2019

Australia's Woodside Petroleum on Tuesday laid out plans to triple its gas and oil reserve base as it pursues projects worth over $36 billion in Australia, Senegal and Myanmar.Success in those projects would result in its reserve base reaching 3…

Woodside to Build Interconnector Pipeline

Nov 11, 2019

Woodside Petroleum Ltd, Australia's top independent gas producer, said on Monday it would invest in a pipeline for the Pluto-North West Shelf (NWS) Interconnector, enabling the optimization of gas processing from its offshore fields.The Interconnector…

Woodside Lifts Scarborough Dry Gas Estimate

Nov 08, 2019

Woodside Petroleum on Friday raised its estimate for dry gas reserves at its Scarborough project, increasing hopes the development will help drive the company's growth in the next decade.Woodside said it now put the estimated gross contingent…

Woodside Targets Scarborough FID in Early 2020

Oct 17, 2019

Woodside Petroleum Ltd has pushed out the final approval date for its mammoth Browse gas project but slightly brought forward plans to sign off on its smaller Scarborough project as it races to fill an anticipated global supply gap.Woodside…

Woodside Resumes Vincent Exports

Sep 03, 2019

Woodside Petroleum has offered the first Vincent crude cargo for export since production resumed at the $1.9 billion Greater Enfield project off western Australia, two trade sources with direct knowledge of the matter said on Tuesday.Output at the Vincent field…

Woodside Starts Production at Greater Enfield Project

Aug 25, 2019

Oil and gas explorer Woodside Petroleum said it started producing oil from the $1.9 billion Greater Enfield project off western Australia on Sunday.Reuters reported last month that commissioning activities at the field had started.Production…

Woodside H1 Profit Slumps

Aug 15, 2019

Woodside Petroleum flagged a challenging near-term outlook on Thursday as it grapples to win over its partners to back $34 billion worth of new oil and gas projects amid a souring global environment.Australia's biggest independent oil and gas…

Woodside Q2 Revenue Slides 32%

Jul 17, 2019

Australia's Woodside Petroleum Ltd reported a 32% drop in second-quarter revenue on Thursday, the first decline in six quarters, as it was hit by an extension of planned maintenance at its Pluto liquefied natural gas facility and weaker prices…

Woodside Starts Commissioning at Greater Enfield

Jul 10, 2019

Australia's Woodside Petroleum Ltd has started commissioning activities at the $1.9 billion Greater Enfield oil project off the state of Western Australia, two people with knowledge of the matter said on Wednesday.Oil from the project is expected to be sought after by traders in Asia…

Shell Sees More FLNG Opportunities

Jun 19, 2019

Royal Dutch Shell sees more opportunities for floating liquefied natural gas projects, but not necessarily like its $17 billion Prelude operation off Australia, which shipped its first cargo last week, over two years behind schedule.Shell Australia…

Logistics News

Women in Maritime Day: Shaping the Future of Maritime Safety

Women in Maritime Day: Shaping the Future of Maritime Safety

World's First Hydrogen Fuel Cell RTG Commences Operation

World's First Hydrogen Fuel Cell RTG Commences Operation

Southern Dredging Wins St. Marys Dredging Job

Southern Dredging Wins St. Marys Dredging Job

Maintenance Insights: Davits

Maintenance Insights: Davits

Subscribe for Maritime Logistics Professional E‑News