(Tellurian, 21.Jul.2024) — Tellurian Inc. has entered into a definitive agreement with subsidiaries of Woodside Energy Group Ltd pursuant to which Woodside will acquire all the outstanding shares of Tellurian for $1.00 per share in an all-cash transaction. “This transaction provides substantial and certain value for our shareholders. Following our […]
Tag: Woodside
Woodside to Acquire Tellurian for $1/share, Create LNG Powerhouse
(Woodside, 22.Jul.2024) — Woodside has entered into a definitive agreement to acquire all issued and outstanding common stock of Tellurian including its owned and operated US Gulf Coast Driftwood LNG development opportunity. The consideration for the transaction is an all-cash payment of approximately $900mn, or $1.00 per share of outstanding Tellurian […]
Woodside Revises Leadership Structure
(Woodside, 26.Jun.2024) — Woodside announced a revised leadership structure to deliver the next phase of the company’s strategy to thrive through the energy transition. The revised structure, which will take effect from 1 Aug. 2024, aggregates and elevates core business activities into a simplified operating model. Woodside CEO Meg O’Neill said the changes are […]
Woodside Achieves First Oil at Sangomar Offshore Senegal
(Woodside, 11.Jun.2024) — Woodside has achieved first oil from the Sangomar field offshore Senegal, marking the safe delivery of the country’s first offshore oil project. The Sangomar Field Development Phase 1 is a deepwater project including a stand-alone floating production storage and offloading (FPSO) facility with a nameplate capacity of […]
JBIC $1bn Loan to Support Scarborough Energy Project
(Woodside, 30.May.2024) — Woodside signed a US$1bn loan agreement with the Japan Bank for International Cooperation (JBIC). The loan agreement, executed in Tokyo between Woodside CEO Meg O’Neill and JBIC Deputy Governor Kazuhiko Amakawa, will fund Woodside’s Scarborough Energy Project. It further strengthens Woodside’s balance sheet, providing diversity of funding and […]
Woodside to Divest 15.1% Scarborough Interest to JERA
(Woodside, 23.Feb.2024) — Woodside has broadened its strategic relationship with JERA through a transaction that involves three core elements: equity in the Scarborough Joint Venture; LNG offtake; and collaboration on opportunities in new energy and lower carbon services.1 Woodside has executed a binding sale and purchase agreement with JERA for […]
First Modules Arrive for Woodside’s Scarborough Project
(Woodside, 21.Feb.2024) — The first three Pluto Train 2 modules for the Scarborough Energy Project have arrived in Karratha, Western Australia, marking a significant milestone for the project. The modules, fabricated by Bechtel in Indonesia, weigh a combined total of more than 4,000 metric tonnes. The modules are three of […]
Sangomar FPSO Makes it to Senegal
(Woodside Energy, 13.Feb.2024) — Woodside Energy announced that the LĂ©opold SĂ©dar Senghor Floating Production Storage and Offloading (FPSO) facility has safely arrived offshore Senegal. This is a significant step toward achieving First Production from the Sangomar field which is targeted for mid-2024. The arrival of the FPSO from Singapore at […]
Woodside Gets Social Impact Assessment Approval for Trion
(Woodside Energy, 13.Feb.2024) — Woodside announced the Trion oil and gas project has received approval for its Social Impact Assessment from the Mexican Ministry for Energy. The Social Impact Assessment was submitted in May 2023. It provides a comprehensive assessment of the project and outlines the ways in which Woodside […]
Woodside Ends Discussions with Santos
(Woodside Energy, 7.Feb.2024) — Woodside has ceased discussions regarding a potential merger with Santos Ltd. As a global energy company, Woodside continuously assesses a range of organic and inorganic growth opportunities. Woodside CEO Meg O’Neill said that for every opportunity Woodside assesses, it conducts thorough due diligence, and will only […]
Wood inks engineering design for 100,000 b/d Trion project offshore Mexico
MEXICO CITY, MEXICO (By Fidencio Casillas, 8.Jan.2023, Words: 240) — Wood secured a contract from HD Hyundai Heavy Industries for detailed engineering of the topsides facilities on Woodside Energy‘s Trion Floating Production Unit (FPU) in Mexican waters of the Gulf of Mexico. Once finished, Trion will have a production capacity […]
Sangomar FPSO Sets Sail for Senegal
(Woodside, 27.Dec.2023) — Woodside Energy has achieved another significant step forward for the Sangomar Project with the sail away from Singapore of the LĂ©opold SĂ©dar Senghor Floating Production Storage and Offloading (FPSO) facility. The FPSO, named after Senegal’s first president, is travelling 12,000 nautical miles from Singapore to its final destination, […]
Woodside makes $7.2bn FID for Trion offshore Mexico [PDF download]
PERTH, AUSTRALIA (By Woodside, 20.Jun.2023, Words: 257) — Woodside has made a final investment decision to develop the large, high-quality Trion resource in Mexico. The expected returns from the development exceed Woodside’s capital allocation framework targets and deliver enduring shareholder value. First oil is targeted for 2028. The development is subject to […]
Keith Rowley’s Keynote Address at TTEC 2023
(The Office of the PM of Trinidad and Tobago, 23.Jan.2023) — Prime Minister of the Republic of Trinidad and Tobago Dr. Hon. Keith Rowley gave a keynote address at the Trinidad and Tobago Energy Conference 2023 under the theme of “Navigating a Complex Energy Future”. What follows is his address. […]
Strohm’s TCP to Support Emergency Response System for Scarborough field
(Strohm, 9.Aug.2022) — Strohm has been contracted to manufacture and deliver two Thermoplastic Composite Pipe (TCP) flowlines to Australia’s largest natural gas producer Woodside Energy Ltd. The technology will form an integral part of the relief well emergency response plans for the well construction phase of the Scarborough field development. […]
Saipem Inks Two New Offshore Deals in Australia and Guyana
(Saipem 11.Jan.2022) — Saipem has been awarded two new offshore contracts in Australia and Guyana, for a total amount of 1.1 billion USD. Francesco Caio, CEO and General Manager of Saipem, commented: “The award of these contracts represents a significant confirmation of the trust of our clients in Saipem’s ability to […]
Cairn On Pre-emption Of Sale Of Senegal interests
(Carin, 17.Aug.2020) — Cairn Energy announced that further to its announcement on 27 July 2020 of the proposed sale of Cairn’s interests in the Sangomar field offshore Senegal to Lukoil, Woodside has exercised its right to pre-empt on the same terms and conditions. In the event that no other JV […]
McDermott Awarded Contract By BHP
(McDermott, 30.Mar.2020) — McDermott International, Inc. has been awarded a sizeable* contract by BHP Billiton PetrĂłleo Operaciones de MĂ©xico, S. De R.L. De C.V. (BHP) to provide pre-front-end engineering design (pre-FEED) services for a floating production unit (FPU) that will be installed in a water depth of approximately 8,200 feet […]