Liquefied natural gas (LNG) developer Woodside (ASX:WPL) is considering new investment opportunities, including the Browse and Greater Sunrise fields, on expectations that new supply will be needed to alleviate global energy market tightness.
The Australian government has pledged A$67 million (US$49.7 million) of funding to help development of two carbon capture and storage (CCS) hubs – one led by Woodside and the other by Mitsui E&P. The funding will also be used to support the appraisal of a third potential storage site in Western Australia.
The merger between Woodside and BHP’s entire petroleum business will see the combined decommissioning costs for the new super independent hit $6.7 billion over the next 30 years, according to Woodside’s prospectus filed to the London Stock Exchange this week.
Opportunities abound for mergers and acquisitions across energy-hungry Asia Pacific nations, as majors, such as Chevron, Shell, and ExxonMobil, seek to exit or rationalise their upstream portfolios.
Woodside’s Scarborough gas field development offshore Australia that will feed an expanded Pluto LNG export complex has received key primary approvals from the Commonwealth-Western Australian Joint Authority to support execution of the project.
The processing of gas from the offshore Pluto fields has started ahead of schedule at the North West Shelf Project’s (NWS) Karratha gas plant (KGP), Woodside reported today. This accelerated production of Pluto gas has been enabled by the start-up of the Pluto-KGP Interconnector.
Australia’s Woodside and US-based Heliogen have signed an agreement to deploy a 5 MW electric (MWe) module of Heliogen’s AI-enabled concentrated solar energy technology in California and jointly market Heliogen’s innovative technology in Australia.
Australia’s Woodside (ASX:WPL) and US-based technology developers ReCarbon and LanzaTech have launched a collaborative studies campaign aimed at converting carbon emissions into useful products.
Australia’s Woodside (ASX:WPL) reported profits jumping to nearly US$2 billion in 2021 with core profit for the full year more than tripling due to elevated oil and gas prices.
Woodside (ASX:WPL) chief executive Meg O’Neill has appointed several top BHP (ASX:BHP) executives into her new leadership team for the mega-merger that will establish one of the world’s top independent oil and gas companies.
Subsea opportunities will be plentiful in Asia Pacific over the coming years as international oil companies (IOCs) and national oil companies (NOCs) advance a backlog of projects, while offshore wind developers accelerate activity across the region.
Australia’s Woodside (ASX:WPL) is making a complete exit from Myanmar due to the deteriorating human rights situation in the Southeast Asian nation. The decision follows TotalEnergies (LSE:TTE) and Chevron’s (NYSE:CVX) recent announcement that they will both exit Myanmar.
Private equity took a keen interest in the UK North Sea in 2021, with £2.4 billion worth of deals for the country’s oil and gas industry.
Australia’s Woodside (ASX:WPL) has completed the sale of a 49% non-operating participating interest in the Pluto Train 2 joint venture to Global Infrastructure Partners (GIP).
Australian energy producer Woodside (ASX:WPL) has started front-end engineering design (FEED) work on a hydrogen project for the first time after awarding a deal to Kellogg, Brown & Root (KBR) for its proposed H2OK project in Oklahoma in the US.
Australia matched the country’s highest temperature on record, triggering a bushfire warning and temporarily shutting a liquefied natural gas (LNG) export plant on Friday.
McDermott International has landed a contract for a major LNG scheme off the coast of West Australia.
Australia’s Woodside (ASX:WPL) is studying the technical and commercial feasibility of a liquid hydrogen supply chain from Western Australia to Singapore and potentially Japan.
Subsea Integration Alliance, comprising Subsea 7 and OneSubsea, will provide engineering, procurement, construction, and installation (EPCI) of subsea pipelines and production systems for Woodside’s Scarborough project offshore north West Australia after announcing the deal.
Australia, which is profiting from surging gas prices in Asia, remains the largest liquefied natural gas (LNG) supplier to North Asia. But its market position in the booming Chinese market is under threat, warned Australian consultancy Energy Quest.
Singapore’s Sembcorp Marine (SGX:S51) will perform module assembly for the second liquefied natural gas (LNG) train to be built at Woodside’s Pluto development in Australia following a contract award from engineering company Bechtel.
Baker Hughes (NASDAQ:BKR) has been awarded a contract by Bechtel to provide high-efficiency gas turbines and centrifugal compressors to support the expansion of the Pluto liquefied natural gas (LNG) onshore processing facility in Western Australia, which is operated by Woodside (ASX:WPL).
Australian liquefied natural gas (LNG) developer Woodside (ASX:WPL) said today that it is targeting $5 billion worth of investment in new energy products and lower-carbon services by 2030.
Australian liquefied natural gas (LNG) developer Woodside (ASX:WPL) is busy positioning itself for a future in which hydrogen may play a growing role in the energy mix. Significantly, it is working closely with customers in its traditional LNG export markets – particularly Japan and South Korea – to meet demand for cleaner forms of energy.
Australian liquefied natural gas (LNG) developer Woodside (ASX:WPL) is expanding its portfolio of hydrogen production opportunities to the US as it eyes North America’s heavy transport sector.