(World Oil) – Woodside has signed an agreement with bp for the integrated energy major to supply natural gas to the Louisiana LNG project. This agreement represents the first tranche of a diversified portfolio of feedgas that will support the Louisiana LNG project, enabled by the project’s extensive interconnectivity to multiple producing basins and inter-connecting pipelines. Woodside’s CEO Meg O’Neill
(World Oil) – Woodside has made a final investment decision to develop the three-train, 16.5 million tonne per annum (MMtpa) Louisiana LNG development. Woodside is targeting first LNG in 2029. Development of Louisiana LNG will position Woodside to deliver approximately 24 Mtpa from its global LNG portfolio in the 2030s, and operating over 5% of global LNG supply.1 The development has
(World Oil) – Australia’s Woodside Energy has reached a deal to sell 40% in its Louisiana LNG project with Stonepeak, under which the infrastructure investment firm will provide $5.7 billion towards the expected capital expenditure for the foundation development of the LNG export facility. The transaction provides “validation of project quality and increasing attractiveness of the project to other potential equity
(World Oil) – Woodside has finalized the acquisition of Tellurian Inc. and its U.S. Gulf Coast Driftwood LNG development for approximately $900 million in cash, or $1.00 per share, with an implied enterprise value of $1.2 billion. The Driftwood LNG project has been renamed Woodside Louisiana LNG. Located in Calcasieu Parish, Louisiana, it is a pre-final investment decision (FID) LNG
Reuters MELBOURNE/SYDNEY – Australia’s Woodside Petroleum shelved talks to sell stakes in a gas field and liquefied natural gas (LNG) project to Chinese firms because of the diplomatic row between Australia and China, the company’s chief executive said on Thursday. Chief Executive Peter Coleman said the talks were stopped a few months ago but he hoped to revive them when
From The Houston Chronicle Houston oilfield service company Halliburton has landed nine contracts to drill and complete a series of wells off the coast in West Africa. Australian exploration and production company Woodside Energy awarded the contracts to Halliburton as part of the first phase of developing the SNE Field off the coast of Senegal. Financial terms have not been
From Reuters Chevron Canada Ltd and Woodside Energy Ltd have applied for a new license for their Kitimat LNG plant in northern British Columbia that could see it nearly double in size to produce 18 million tonnes per annum (mtpa), Chevron said on Wednesday. The companies submitted the application to Canada’s National Energy Board on Monday, with a revised plant
Woodside would take NatGas produced from Western Australia, convert it to ammonia, then ship liquid hydrogen to Japan From Reuters * Natural gas-to-hydrogen has “huge” potential -Woodside * Japan pushing to switch towards a hydrogen economy * Could use solar to help power gas-to-hydrogen conversion ADELAIDE, May 15 (Reuters) – Australian gas could find a big new outlet in its
Woodside Petroleum puts the Browse floating LNG project on indefinite hold Low commodity prices have claimed yet another project this week. Woodisde Petroleum (ticker: WPL) announced that it will put its Browse floating LNG project on hold indefinitely as low commodity prices make it more difficult to justify the project. “While significant progress was made to improve project value, this
All stock offering would give Woodside growth potential Woodside Petroleum (ticker: WPL), Australia’s largest independent oil and gas company, announced that it has made a non-binding offer for Oil Search Ltd. (ticker: OSH) under which Woodside would acquire all of the shares in Oil Search for a consideration of one Woodside share for every four Oil Search shares, according to
A non-binding memorandum of understanding was signed today between Sempra LNG, a unit of Sempra Energy (ticker: SRE), and Woodside Petroleum (ticker: ASX:WPL) to discuss and asses the possibility of developing Sempra’s proposed Port Arthur liquefaction project, according to a press release. The proposed project would be located at a site previously permitted for an LNG regasification terminal and would be
