Woodside – Oil & Gas 360

Woodside completes $900 million acquisition of Tellurian, Driftwood LNG project

October 10, 2024

(World Oil) – Woodside has finalized the acquisition of Tellurian Inc. and its U.S. Gulf Coast Driftwood LNG development for approximately $900 million in cash, or $1.00 per share, with an implied enterprise value of $1.2 billion. The Driftwood LNG project has been renamed Woodside Louisiana LNG. Located in Calcasieu Parish, Louisiana, it is a pre-final investment decision (FID) LNG

Sour China-Australia ties hit talks over LNG deal, says Woodside

November 12, 2020

Reuters MELBOURNE/SYDNEY – Australia’s Woodside Petroleum shelved talks to sell stakes in a gas field and liquefied natural gas (LNG) project to Chinese firms because of the diplomatic row between Australia and China, the company’s chief executive said on Thursday. Chief Executive Peter Coleman said the talks were stopped a few months ago but he hoped to revive them when

Halliburton Lands Nine Contracts for Offshore Project in West Africa

August 12, 2019

From The Houston Chronicle Houston oilfield service company Halliburton has landed nine contracts to drill and complete a series of wells off the coast in West Africa. Australian exploration and production company Woodside Energy awarded the contracts to Halliburton as part of the first phase of developing the SNE Field off the coast of Senegal. Financial terms have not been

Chevron, Woodside Apply To Nearly Double Size Of Canadian LNG Project

April 4, 2019

From Reuters Chevron Canada Ltd and Woodside Energy Ltd have applied for a new license for their Kitimat LNG plant in northern British Columbia that could see it nearly double in size to produce 18 million tonnes per annum (mtpa), Chevron said on Wednesday. The companies submitted the application to Canada’s National Energy Board on Monday, with a revised plant

Australia’s Gas May Fuel Japan’s Hydrogen Push: Woodside CEO

May 15, 2018

Woodside would take NatGas produced from Western Australia, convert it to ammonia, then ship liquid hydrogen to Japan From Reuters * Natural gas-to-hydrogen has “huge” potential -Woodside * Japan pushing to switch towards a hydrogen economy * Could use solar to help power gas-to-hydrogen conversion ADELAIDE, May 15 (Reuters) – Australian gas could find a big new outlet in its

$40 Billion Browse Floating LNG Project Shelved

March 24, 2016

Woodside Petroleum puts the Browse floating LNG project on indefinite hold Low commodity prices have claimed yet another project this week. Woodisde Petroleum (ticker: WPL) announced that it will put its Browse floating LNG project on hold indefinitely as low commodity prices make it more difficult to justify the project. “While significant progress was made to improve project value, this

Australia’s Woodside Makes $8 Billion Bid for Oil Search

September 9, 2015

All stock offering would give Woodside growth potential Woodside Petroleum (ticker: WPL), Australia’s largest independent oil and gas company, announced that it has made a non-binding offer for Oil Search Ltd. (ticker: OSH) under which Woodside would acquire all of the shares in Oil Search for a consideration of one Woodside share for every four Oil Search shares, according to

Sempra LNG and Woodside Sign MOU for Potential Two Train LNG Project at Port Arthur

June 3, 2015

A non-binding memorandum of understanding was signed today between Sempra LNG, a unit of Sempra Energy (ticker: SRE), and Woodside Petroleum (ticker: ASX:WPL) to discuss and asses the possibility of developing Sempra’s proposed Port Arthur liquefaction project, according to a press release. The proposed project would be located at a site previously permitted for an LNG regasification terminal and would be

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