(World Oil) – ExxonMobil is studying potential acquisition targets including Australia’s Woodside Energy Group, as the U.S. giant eyes options to deepen its presence in liquefied natural gas and Asian markets, according to people with knowledge of the matter. Exxon has been holding early-stage discussions internally, said the people, who asked not to be named as they are not allowed to speak
(BOE Report) – Saudi Aramco is set to sign two U.S. liquefied natural gas supply deals with Woodside Energy and Commonwealth LNG when Saudi Arabia’s Crown Prince Mohammed bin Salman visits Washington next week, sources familiar with the matter told Reuters. The world’s largest oil exporter, Saudi Aramco, wants to become a major liquefied natural gas player, especially in the United
(Oil Price)– Australia’s energy major Woodside has taken over the operatorship of the Bass Strait oil and gas assets that were previously operated by Exxon. The two have a 50:50 partnership in the portfolio, which includes production and processing operations. The change in operatorship will result in synergy savings of over $60 million, Woodside said. The company added it plans to
(World Oil) – SLB has been awarded a major drilling contract by Australian independent Woodside Energy for its ultra-deepwater Trion development project, offshore Mexico. SLB will oversee the delivery of 18 ultra-deepwater wells using an integrated services approach and AI-enabled drilling capabilities to improve operational efficiency and well quality. The full scope of the contract includes digital directional drilling services
Oil Price Woodside Energy expects demand for liquefied natural gas to increase by 50% over the next ten years driven by Asia, Bloomberg has reported, citing chief executive Meg O’Neill. “We’re seeing signs of that demand growth in emerging Asia,” O’Neill told the publication. “There’ll be points in time where we’ll see a fair amount of new supply arriving, but the
World Oil (Bloomberg) — Woodside Energy Group Ltd., Australia’s biggest oil and gas producer, says it will review potential acquisitions in the Gulf of Mexico after reporting its highest-ever profit. Underlying earnings more than tripled to $5.2 billion in 2022 on soaring energy prices and output that jumped more than 70% after the purchase of BHP Group Ltd.’s
World Oil (WO) — Baker Hughes, an energy technology company and Woodside Energy announced on December 8th that they have entered into a memorandum of understanding (MoU) to explore potential business arrangements and initiatives that may have the potential to support Woodside’s climate strategy or its customers’ chosen decarbonization pathways. “Collaboration is key to making progress toward emissions reduction goals
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
Schlumberger (ticker: SLB) subsidiary OneSubsea secured an engineering contract for the development of the Greater Enfield project off the northwest coast of Australia from Woodside Energy. Woodside announced on June 26, that the company would move forward with the development of the Greater Enfield project, expected to cost approximately $1.9 billion. Located 60 km off Exmouth in Western Australia the
