Wheatstone Lng News

 

Chevron Strikes Wheatstone Gas Deal with BHP

Jun 24, 2020

Oil and gas major Chevron has signed a gas sales agreement in Australia, to supply BHP Nickel West from its Wheatstone gas project.Starting in July 2020, Chevron plans to supply BHP Nickel West with a total of 22 Petajoules of equity domestic gas over the 3…

Australia: Chevron to Sell Its Stake in North West Shelf Project

Jun 18, 2020

Chevron Corp aims to sell its minority stake in Australia's biggest and oldest liquefied natural gas (LNG) project, the North West Shelf, after drawing interest from potential buyers, the company said on Thursday.The move marks a long-awaited…

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…

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…

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…

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…

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…

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…

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…

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…

Aussie tax changes could risk investment

Feb 01, 2017

Although Australia has some of the most progressive fiscal regimes for offshore oil and gas, the country is being short-changed in LNG exports, which is on the verge of further expansion this year. Audrey Raj reports.  Shell’s…

BP completes Ironbark acquisition

Dec 20, 2016

BP has completed its deal with Cue Energy to take 80% interest in and operatorship of permit containing the Ironbark prospect, offshore northwest Australia.  Under the deal, BP will fund 100% of the required work program on exploration permit WA-409-P for the next three years…

Chevron unveils $19.8 billion budget focused on short-term

Dec 08, 2016

More than 70% of Chevron's US$19.8 billion 2017 planned upstream investment will generate production within two years, the firm said yesterday.  Chevron says it is targeting shorter-cycle, high-return investments with its 2017 capital budget…

Current News

Chartwell Marine to Design CTV for NR Marine Services

Chartwell Marine to Design CTV

Equinor Selects Baker Hughes for P&A Ops at Oseberg East Field

Equinor Selects Baker Hughes f

Poland to Open 4GW Offshore Wind Auction in December

Poland to Open 4GW Offshore Wi

North Sea Operator Picks OEG for Offshore Helifuel Services

North Sea Operator Picks OEG f

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine