North West Shelf Lng News

 

Woodside Gets $1B Loan to Fund Scarborough Gas Project

May 30, 2024

Australian oil and gas giant Woodside has signed a $1 billion loan agreement with the Japan Bank for International Cooperation (JBIC) to support the development of Scarborough gas project offshore Australia.The loan agreement further strengthens Woodside’s balance sheet, providing diversity of funding and liquidity.It follows a memorandum of understanding signed by Woodside and JBIC in November 2022…

No Decision Yet on Woodside's Browse Gas Project

Aug 05, 2024

Western Australia's environment regulator said on Monday it expects to release its recommendations on Woodside Energy's Browse gas project in 2025, after a newspaper reported the huge project might be rejected by the regulator.The $20.5 billion…

QatarEnergy Expanding North Field LNG Development

Feb 25, 2024

QatarEnergy has announced that it is proceeding with a new LNG expansion project, the “North Field West” project, to raise the nation’s LNG production capacity to 142 million tons per annum (MTPA) before the end of this decade.This represents an increase of almost 85% from current production levels…

Jadestone Energy Increases Stake in CWLH Oil Fields Offshore Australia

Feb 14, 2024

Asia-pacific focused oil and gas company Jadestone Energy has completed the acquisition of a non-operated 16.67% working interest in the Cossack, Wanaea, Lambert, and Hermes (CWLH) oil fields development, offshore Western Australia, from Japan Australia LNG (MIMI)…

Jadestone Energy Doubles Stake in North West Shelf Oil Project Off Australia

Nov 17, 2023

Asia Pacific-focused Jadestone Energy has this week executed a sale and purchase agreement to acquire the non-operated 16.67% working interest in the Woodside-operated Cossack, Wanaea, Lambert, and Hermes ('CWLH') oil fields development, offshore Western Australia…

Australia's Woodside Misses Q3 Revenue Estimate, Narrows Full-year Output Forecast

Oct 18, 2023

Australia's Woodside Energy on Wednesday narrowed its annual production forecast range and capital expenditure outlook after posting a lower-than-expected quarterly revenue.The country's top independent oil and gas explorer now expects to produce…

Strike Ends at Chevron's Australian LNG Facilities

Sep 22, 2023

An Australian union alliance on Friday called off strikes at Chevron's two major local liquefied natural gas (LNG) projects, agreeing to resolve disputes that had threatened to disrupt around 7% of global LNG supplies.The union alliance and…

Australia Tribunal to Rule on Chevron LNG Strikes after Talks Fail

Sep 21, 2023

Fresh talks between Chevron and unions over strikes at two liquefied natural gas (LNG) facilities in Western Australia ended on Wednesday without a deal, a Chevron spokesperson said, leaving it up to a workplace tribunal to map a way forward…

Chevron Australia LNG Workers Start Strike. What Happens Now?

Sep 08, 2023

Workers at Chevron's liquefied natural gas (LNG) projects in Australia, which produce 5.1% of the world's supply of the super-chilled fuel, went on strike on Friday after mediation talks ended without a deal.WHAT'S NEXT?Unions kicked off action with short work stoppages and bans on certain tasks…

Strikes Start at Major Chevron Australia LNG Projects, No Talks Planned

Sep 08, 2023

Workers at Chevron's liquefied natural gas (LNG) projects in Australia went on strike on Friday after talks broke down, potentially disrupting output from facilities that account for over 5% of global supply.No further talks were scheduled between the unions and the U…

JERA Sees Muted Impact on LNG Prices from Potential Strike in Australia

Sep 07, 2023

Japan's JERA, one of the world's biggest buyers of liquefied natural gas (LNG), expects a muted impact on the market from a potential strike in Australia thanks to high stocks and low seasonal demand, a top executive said on Thursday.'I think the real impact is not much…

Aker BP, Höegh LNG in Carbon Transport and Storage Services Pact

Sep 04, 2023

Floating LNG solutions provider Höegh LNG and the Norwegian oil and gas firm Aker BP have entered a strategic partnership to develop a 'fully comprehensive carbon transport and storage offering for industrial CO2 emitters in Northern Europe…

LNG: Asian Spot Prices Fall as Woodside Averts Strike

Aug 25, 2023

Asian spot liquefied natural gas (LNG) prices eased from five-month highs, after workers at Australia's Woodside Energy ruled out the possibility of striking work, bringing some calm to a market hit by extreme volatility in recent days.The average…

Australia Union Threatens Strikes at Chevron LNG Facilities

Aug 25, 2023

Unions at Chevron's LNG facilities in Australia warned on Friday that work stoppages could cost the U.S. energy major billions of dollars if demands over wages and conditions were not met.The warning came even as workers at a nearby Woodside…

Woodside, Unions Reach Deal

Aug 23, 2023

Woodside Energy on Thursday reached an in-principle agreement with unions at Australia's largest LNG project, potentially averting a disruption to supplies from the world's biggest exporter of the super-chilled fuel.Both Woodside and the union…

Current News

Norway Offers Exploration License for North Sea CO2 Storage to Equinor

Norway Offers Exploration Lice

TotalEnergies and Partners Sign PSC Extension for Deepwater Block off Angola

TotalEnergies and Partners Sig

Reach Subsea’s New 24-Meter USV Ready for Commercial Deployment

Reach Subsea’s New 24-Meter US

DNO Quadruples North Sea Production with Sval Energi Acquisition

DNO Quadruples North Sea Produ

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine