Wheatstone News

Worley, Chevron Extend Service Contract in Australia

Mar 31, 2020

Australian energy services company Worley has secured an extension to an existing services contract with Chevron Australia.Under the contract, engineering and procurement services will be provided to support Chevron's Australian assets, including the Gorgon project…

Woodside Q1 Revenue Rises 4%

Apr 18, 2019

Australia's Woodside Petroleum Ltd on Thursday posted a 4 percent rise in first-quarter revenue on higher realized prices for its oil and gas.Revenue rose to $1.22 billion for the three-months ended March 31, compared to $1.17 billion a year ago…

Woodside Raises Dividend

Feb 13, 2019

Australia's Woodside Petroleum Ltd surprised investors with a fat dividend on Thursday after reporting a 36-percent percent rise in annual profit, underpinned by stronger oil prices.The higher-than-expected payout came after shareholders stumped up $2…

Prelude FLNG's Rise

Jan 30, 2019

When at plateau production, Prelude FLNG — the world’s largest floating producer of liquefied natural gas, or LNG — will fill one shipborne cargo every week. As production ramps up from test volumes, there’s the dawning realization of a dramatic shift in LNG markets…

Woodside Boosts Spending for Next Leg of Growth

Jan 17, 2019

Australia's Woodside Petroleum Ltd on Thursday flagged higher-than-expected investment spending for 2019 as it steps up early work on the two big natural gas developments that will drive its growth in the next decade.Australia's largest independent gas and oil producer plans to spend between $1…

DOF Subsea Awarded Australian IMR Contract Extension

Nov 29, 2018

The international subsea operating company DOF Subsea said that its subsidiry DOF Subsea Australia Pty Ltd’s existing Subsea Inspection, Maintenance and Repair Contract with Chevron Australia has been extended. DOF Subsea has successfully provided IMR vessel…

Chevron Greenlights Gorgon LNG Expansion

Apr 16, 2018

Chevron Corp will proceed with the second stage of its giant Gorgon liquefied natural gas (LNG) export plant off the northwest coast of Western Australia, the company said on Saturday.Chevron and its joint venture partners plan to sink 11 new…

First Wheatstone LNG cargo sets sail

Oct 31, 2017

The first shipment from Chevron’s Wheatstone liquefied natural gas (LNG) project in Australia has set sail for Japan. Wheatstone is Australia’s first third-party natural gas hub, which will enable future development of natural gas resources offshore Western Australia…

Wood inks Julimar study with Woodside

Dec 19, 2017

Australia's Woodside Energy has awarded UK-based engineering house Wood a contract for a concept definition study for the Julimar Phase 2 project offshore Australia. Woodside has also awarded Wood a contract for engineering and rig modification services off Australia…

Cue gives BP more time to take Ironbark stake

Dec 13, 2017

Cue Energy Resources has agreed yet another extension to BP's 42.5% equity option over the exploration permit containing the Ironbark prospect offshore Australia.  The extension on WA-359-P, as announced on 13 October 2016, is now extended until 25 April 2018…

Wheatstone LNG production starts

Oct 09, 2017

Chevron has started LNG production at the Wheatstone Project in Western Australia. The first cargo is on track to be shipped in the coming weeks. At full capacity, the Wheatstone Project's two train LNG facility will supply 8.9 MTPA of LNG for export to Asia…

Beach acquires Ironbark interest, option

Nov 29, 2017

Australia-based Beach Energy will farm into two adjoining permits in the Carnarvon Basin offshore Western Australia that contain the gas-condensate prospect Ironbark. Ironbark map. Source: Cue Under the agreement…

Chevron, Woodside get three blocks off Western Australia

Oct 05, 2017

Chevron Australia and its 50:50 partner Woodside Energy have acquired exploration interests in three blocks in the Northern Carnarvon Basin off the Western Australia coast. Map of new acreage, from Chevron…

BP gains further Ironbark extension

Oct 05, 2017

Cue Energy Resources has granted a further extension to supermajor BP to mull over the option of acquiring stake in the Ironbark prospect offshore Western Australia. Ironbark. Map from Cue. BP…

BP gets Ironbark extension

May 26, 2017

BP is getting an extension from Cue Energy Resources that will allow the UK supermajor more time to consider acquiring 42.5% stake in the permit in which the Ironbark prospect is thought to straddle on Australia’s North West Shelf. Map of Ironbark…

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