Australian oil and gas major Woodside Energy reported its smallest annual underlying profit in three years on Tuesday, hurt by lower realised prices, but maintained its 2025 output forecast on expectations of strong demand for liquefied natural gas…
ExxonMobil’s Australian subsidiary Esso Australia Resources and its partners have announced a nearly $200 million investment in the Kipper 1B project which will bring online additional gas supply from the Gippsland Basin.The project, which was approved by Esso Australia…
Woodside Energy has held talks with several potential buyers of stakes in its Louisiana liquefied natural gas plant, including Tokyo Gas, Japan's JERA and Saudi Aramco-backed MidOcean Energy, multiple sources told Reuters.The timing of the stake…
The government of Trinidad and Tobago and Woodside Energy have reached an initial agreement on the commercial terms for developing the company's Calypso deepwater gas discoveries, moving the project one step closer to a final investment decision…
Trinidad and Tobago on Tuesday offered 26 offshore oil and gas blocks in its largest-ever auction of areas for deepwater exploration and production, according to an official notice.The twin-island Caribbean country, Latin America's largest exporter of liquefied natural gas (LNG)…
Engineering consultancy Wood has secured a new contract to provide long-term maintenance solutions for onshore and offshore assets in the Gippsland Basin, operated by Esso Australia, ExxonMobil's subsidiary.Supporting safe energy production…
The Australian government’s call for two weeks of public consultation starting January 2 on Woodside Energy’s plans to sequester CO2 as part of the Browse project off Western Australia has met with opposition from environmental groups. The consultation…
Senegal's Sangomar offshore oil and gas field raised its output of crude to 16.9 million barrels in 2024, exceeding its initial target of 11.7 million, the West African country's energy ministry said on Tuesday.Discovered 10 years ago about 100 km (62 miles) south of the capital Dakar…
The final Pluto Train 2 modules for the Scarborough energy project have arrived at the Pluto LNG facility in Karratha in Western Australia, marking a significant milestone for the Woodside Energy’s gas developmentThe completion of the Pluto…
Woodside and Chevron have agreed an asset swap in Australia to streamline their portfolios of oil and gas, liquefied natural gas (LNG), and carbon capture and storage (CCS) projects.Woodside will acquire Chevron’s interest in the North West Shelf (NWS) Project…
Idle time for a drilling rig costs about $250,000 an hour. AI is being embraced across the industry to ensure it doesn’t happen.A while back, an energy major had an unfathomable, intermittent problem with its drilling operations. It was beginning to cost big money…
The Western Australian Government has issued an environmental approval to Woodside and the North West Shelf joint venture for extension of the project.After six years of assessment and appeals, this is a critical step in the approvals process…
Woodside has signed a revised lump sum turnkey engineering, procurement and construction (EPC) contract with Bechtel for the three train 16.5 million tonnes per annum foundation development of Louisiana LNG.Bechtel has worked on site before Woodside’s $1…
Woodside Energy expects to bring several partners into its Louisiana liquefied natural gas development by the time the company gives the financial go-ahead to the U.S. project in the first quarter of 2025, its CEO told Reuters.Australia-listed…
Australia's Woodside Energy said in a statement on Wednesday that it has begun preparing to safely restart the Pluto LNG facility.Woodside had shut down the LNG plant on Monday due to a fault in the facility's control system. Preparations for the restart began on Tuesday…
