Woodside News

 

Noble Lifts Rig Utilization with Over $550M in New Drilling Contracts

Apr 29, 2026

Offshore driller Noble Corporation has secured about $565 million in new contract value since its last fleet update, lifting its backlog to $7.5 billion as fleet utilization improved.Utilization of the company’s 29 marketed rigs rose to 68% in the first quarter from 64% in the previous quarter, while marketed floater utilization increased to 68% from 62%. Recent awards added around five rig years of new floater backlog…

Woodside’s Delayed Browse LNG Project Cost Estimate Climbs to $35B

May 11, 2026

Woodside Energy's long-delayed Browse liquefied natural gas project is now expected to cost A$48.7 billion ($35.2 billion), according to a new report commissioned by the company.The proposal to develop Australia's largest untapped gas resource…

EnerMech to Support Subsea7 on Mexico’s Trion Oil Project

May 06, 2026

EnerMech has been awarded a subsea pre-commissioning contract by Subsea7 for the Trion ultra-deepwater oil development offshore Mexico.The Trion project, located about 180 kilometers offshore in the Perdido Fold Belt at water depths of 2,500-2…

Woodside Energy Appoints COO

Apr 30, 2026

Woodside Energy has appointed Breyden Lonnie as Executive Vice President and Chief Operating Officer Australia.Lonnie has acted in the role since December 2025, with responsibility for Woodside’s portfolio of operations and projects in Western Australia and the Bass Strait…

Woodside Completes Scarborough FPU Subsea Link Ahead of LNG Start-Up

Apr 30, 2026

Woodside Energy has connected its floating production unit (FPU) offshore Western Australia to onshore operations via fibre optic cable, marking a key milestone for the Scarborough Energy Project as it targets first LNG cargo later this year…

Woodside Plans Review as Quarterly Revenue Tops Forecasts

Apr 29, 2026

Australia's Woodside Energy said on Wednesday it would review its business to simplify operations and improve accountability, as stronger realised prices helped first-quarter revenue beat expectations despite cyclone-related disruptions.Shares of the firm were up as much as 1…

NOIA Releases Offshore Energy Excellence Report

Apr 22, 2026

The National Ocean Industries Association (NOIA) has released its sixth annual Offshore Energy Industry's Innovation & Workforce Excellence Report, a comprehensive publication showcasing how offshore energy companies are leading on environmental performance…

DeepOcean, Woodside Wrap Up Dual-Scope Subsea Survey at Sangomar Field

Apr 16, 2026

DeepOcean and Woodside Energy have completed a combined subsea inspection and 3D scanning campaign at the Sangomar field offshore Senegal.The campaign covered 69 subsea structures, including 17 subsea trees, using a methodology that allows inspection and 3D scanning to be performed simultaneously…

Oxy Makes Oil Discovery at Bandit Prospect in Gulf of America

Apr 09, 2026

Occidental Petroleum (Oxy) has made an oil discovery at the Bandit prospect in the Gulf of America.The exploration well, located in Green Canyon Block 680 about 125 miles south of the Louisiana coast, encountered oil-bearing Miocene sands.Occidental…

Cyclone Disrupts Australia’s Biggest LNG Plants, Strains Global Market

Mar 27, 2026

A powerful tropical cyclone in Western Australia has disrupted production at the country’s two biggest liquefied natural gas plants run by Chevron and Woodside, exacerbating a global supply crunch caused by the conflict in the Middle East.Australia…

Liz Westcott Appointed Woodside CEO

Mar 17, 2026

The Board of Woodside Energy has appointed Elizabeth (Liz) Westcott as Chief Executive Officer and Managing Director.Westcott, who has served as Woodside Acting CEO since the departure of Meg O’Neill in December 2025, has a proven track record…

BP Dominates US Gulf Lease Sale as Chevron Secures Three Blocks

Mar 12, 2026

A sale of drilling rights in the Gulf of Mexico on Wednesday ended with $46.98 million in high bids from oil and gas companies, with a single bid from BP accounting for nearly half of the total, according to a livestreamed U.S. government auction…

Asia Pacific Upstream 2026: Offshore Projects Ramp Up as Frontier Drilling Returns

Mar 02, 2026

Asia Pacific’s upstream sector heads into 2026 with a combination of near-term project delivery and high-impact frontier drilling. A wave of large offshore gas schemes is moving towards FID or first production, just as a new set of wildcats tests unproven deepwater plays…

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

Jan 28, 2026

Australian Prime Minister Anthony Albanese and his East Timor counterpart, Xanana Gusmao, on Wednesday said the Greater Sunrise gas project should be developed 'as soon as possible', with Australia pledging a third of its state revenue to its small neighbor…

BP in Trinidad and Tobago Interested in Cross-Border Opportunities with Venezuela

Jan 26, 2026

BP's head of Trinidad and Tobago said on Monday the oil and gas major is still interested in cross-border opportunities with Venezuela, despite the government in Caracas suspending all bilateral energy agreements with its neighbor last year…

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