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Woodside NEWS

Woodside might delay Browse Gas project
Oct. 17, 2019

Woodside might delay Browse Gas project

Woodside will delay the final approval date for its mega Browse gas project. Also, the company has decided to bring in the plans to sign off on its smaller Scarborough project. Woodside is focusing on the final investment decision on the $20.5 billion Browse project in the first half of 2021. In early 2020, it will sign off on the $11 billion Scarborough gas project and Pluto LNG expansion.

Halliburton lands Woodside’s drilling and completion contract
Aug. 14, 2019

Halliburton lands Woodside’s drilling and completion contract

Oilfield services giant, Halliburton has secured nine conditional contracts for drilling and completion services pertaining to SNE Field Development Phase 1 offshore Senegal. Awarded by Australian energy giant, Woodside, the contracts granted include services such as drilling, logging, cementing, lower completions, e-line/slick line, coiled tubing and well testing. Phase 1 for the SNE field covers a stand-alone FPSO facility, aided with subsea infrastructure.

Woodside inks agreement with ENN Group
April 6, 2019
Source: LNG Industry

Woodside inks agreement with ENN Group

Australia’s largest independent oil and gas company, Woodside has inked a Heads of Agreement (HOA) with China-based ENN Group. The agreement requires Woodside to supply 1 million tpy of LNG from its portfolio for a 10-year duration, starting in 2025. The agreement which was signed during the LNG 2019 conference in Shanghai, comes on the backdrop of the cooperation agreement signed in October 2018.

Woodside awards contract for FPSO facility to MODEC
Feb. 26, 2019

Woodside awards contract for FPSO facility to MODEC

Japanese offshore floating platform supplier, MODEC International has secured the FEED contract for Woodside Energy’s SNE Field Development Phase 1 floating production storage and offloading (FPSO) facility. The total capacity of the FPSO is estimated to be 100,000 bbl/day, with first oil expected in 2022. The design of FPSO will be carried out in a way that it allows the integration of subsequent SNE development phases.

Sheffield contracts Woodside and EDL JV for LNG supply
Jan. 22, 2019

Sheffield contracts Woodside and EDL JV for LNG supply

Australia-based Sheffield Resources has contracted the joint venture between Woodside and Energy Developments (EDL) to supply LNG to the Thunderbird mineral sands project. According to the 15-year deal, the JV will deliver 1950 terajoules of LNG annually to the project. LNG will be supplied from Woodside’s Pluto facility through a road tanker fleet. The Thunderbird project has a mine life of 42 years, and production will begin in 2020.

Woodside reports fourth quarterly earnings
Jan. 18, 2019
Source: LNG Industry

Woodside reports fourth quarterly earnings

Australian oil and gas giant, Woodside has reported a significant jump in its 4Q18 earnings. Woodside generated AUS$1419 million in sales revenue, marking a 43% surge from 4Q2017. The fourth quarter seemed very fruitful for Woodside, where not only its production jumped by 10%, but it also achieved 99.7% reliability at Pluto LNG. Additionally, the production from Wheatstone LNG Train 1 and Train 2 continued to exceed expectations.

Woodside awards contracts to McDermott and others in Australia
Jan. 17, 2019

Woodside awards contracts to McDermott and others in Australia

Australian oil and gas major, Woodside yesterday informed about awarding four contracts related to FEED activities for the Scarborough Project offshore Western Australia. Woodside awarded the separate contracts to McDermott Australia, Subsea Integration Alliance, Saipem Australia and Intecsea. In the initial phase, Woodside will fund each awarded contract, without any financial support from BHP, which has 25% interest in the joint venture. Scarborough Project is estimated to cost US$11 billion.

Woodside commissions domestic gas pipeline in Australia
Dec. 19, 2018

Woodside commissions domestic gas pipeline in Australia

Australian energy major, Woodside Energy has informed about the successful commission of the Pluto domestic gas pipeline. Woodside used the Pluto pipeline by delivering first gas to the 1600 kms-long Dampier to Bunbury Natural Gas Pipeline (DBNGP) in Western Australia. The Pluto gas pipeline will add to Woodside’s domestic gas supply portfolio.

Woodside inks 20-year SPA with Perdaman
Nov. 21, 2018
Source: Reuters

Woodside inks 20-year SPA with Perdaman

Woodside Petroleum Ltd informed that it has inked a 20-year gas sale and purchase agreement (SPA) with Perdaman Chemicals and Fertilisers Pty Ltd. The agreement will lead to the pipeline supply of 125 TJ of gas per day for use in Perdaman’s proposed urea plant. Woodside will source the gas to Perdaman from its proposed Scarborough development.

Woodside names Bechtel as execution contractor for Pluto LNG
Oct. 10, 2018

Woodside names Bechtel as execution contractor for Pluto LNG

Australian oil firm, Woodside has named Bechtel as the execution contractor for the Pluto LNG facility expansion project. Woodside is looking forward to the brownfield expansion of the Pluto LNG facility. This will include the large undeveloped gas resource from the Scarborough gas field. Woodside and Bechtel worked closely on the preparation of the contract for the FEED phase of the train 2, including finalising the concept and costs.

Woodside reports a considerable hike in profit
Aug. 16, 2018
Source:

Woodside reports a considerable hike in profit

Australia's largest E&P Company, Woodside Petroleum Ltd reported a 6% rise in its half-year earnings backed by the effective performance of company’s Wheatstone and Pluto LNG projects. In the present financial year, i.e. 2018, the company expects the production to lie between 87 mmboe to 91 mmboe. Furthermore, the Wheatstone project is likely to add approximately 13 million barrels of oil equivalent to the annual output after becoming fully operational.

Woodside updates on Wheatstone LNG train
July 25, 2018

Woodside updates on Wheatstone LNG train

Australian E&P giant has updated on the newly commenced second LNG train at the Wheatstone LNG plant in Australia. The company reported the production of 22.1 MMboe in the second quarter. The Wheatstone Train 2, which began operation at the Chevron-run plant last month, has reportedly achieved high production rates. Woodside reported over $1 billion in sales revenue recently.

Woodside hands geological data contract to Ocean Infinity
June 13, 2018

Woodside hands geological data contract to Ocean Infinity

Ocean Infinity has won Woodside’s contract to provide data to support the Scarborough field development in Australia. The companies have come to an agreement to conduct a deepwater geophysical pre-engineering route survey, extending approximately 300 kilometers from the Scarborough subsea field in 950 to 1400 meter water depths. Ocean Infinity owns xix HUGIN autonomous underwater vehicles (AUV), capable of operating in 6,000 m water depth collecting high-resolution data.

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