Oil Price Woodside Energy expects demand for liquefied natural gas to increase by 50% over the next ten years driven by Asia, Bloomberg has reported, citing chief executive Meg O’Neill. “We’re seeing signs of that demand growth in emerging Asia,” O’Neill told the publication. “There’ll be points in time where we’ll see a fair amount of new supply arriving, but the
World Oil (Bloomberg) — Woodside Energy Group Ltd., Australia’s biggest oil and gas producer, says it will review potential acquisitions in the Gulf of Mexico after reporting its highest-ever profit. Underlying earnings more than tripled to $5.2 billion in 2022 on soaring energy prices and output that jumped more than 70% after the purchase of BHP Group Ltd.’s
World Oil (WO) — Baker Hughes, an energy technology company and Woodside Energy announced on December 8th that they have entered into a memorandum of understanding (MoU) to explore potential business arrangements and initiatives that may have the potential to support Woodside’s climate strategy or its customers’ chosen decarbonization pathways. “Collaboration is key to making progress toward emissions reduction goals
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
Schlumberger (ticker: SLB) subsidiary OneSubsea secured an engineering contract for the development of the Greater Enfield project off the northwest coast of Australia from Woodside Energy. Woodside announced on June 26, that the company would move forward with the development of the Greater Enfield project, expected to cost approximately $1.9 billion. Located 60 km off Exmouth in Western Australia the
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