Australia

Public Capital

S&P Revises Woodside’s Outlook to ‘Negative’ on Energy Industry Risks

However, S&P Global Ratings reaffirmed Woodside’s long-term issuer credit rating of “BBB+” on hopes that the energy company’s high exposure to LNG and low-cost assets could somewhat counter the risk.

February 26, 2021

Exploration & Production

Australia’s Woodside Assessing Impact of Myanmar Coup on Offshore Drilling Plan

Woodside has been working with Total SA and Myanmar-based MPRL E&P to develop Myanmar’s first ultra-deepwater gas project.

February 2, 2021

Highlights

E&P Plus: January 2021 International Drilling Activity Highlights

Check out the latest oil and gas drilling activity highlights from around the world including a new gas condensate find in the Norwegian Sea by ConocoPhillips plus Equinor’s latest oil discoveries offshore Newfoundland, Canada.

January 28, 2021

Exploration & Production

Exxon Mobil Unit Set to Deliver Gas from West Barracouta to Aussie Market in 2021

The company said it was preparing to build the final subsea infrastructure for the project.

January 28, 2021

Acquisitions & Divestitures

Eni Halts Sale of Australian Gas Assets, Sources Say

Italian oil and gas group Eni SpA has put on hold the sale of Australian gas assets it values at around $1 billion after they failed to attract satisfactory bids, the sources say.

January 5, 2021

Highlights , Shale Plays

Year in Review: Best of Drilling Activity Highlights for 2020

Multiple discoveries by Occidental in New Mexico’s Eddy County, EOG Eagle Ford, Permian Basin and Niobrara completions plus Exxon Mobil boosts the resource potential for its development offshore Guyana top drilling activity highlights from around the world in 2020.

December 29, 2020

Exploration & Production

BP Well at Promising Gas Prospect Off Australia Comes Up Empty

The result marked a big disappointment for BP's partners in the prospect, which had been seen as a potential gas supplier to the North West Shelf LNG plant, where BP is a co-owner, within five to 10 years.

December 29, 2020

Gathering & Processing

Australia’s Woodside and North West Shelf Partners Sign Deals to Process Gas

Woodside Petroleum and its North West Shelf LNG venture partners executed two agreements to process gas through the project's facilities in Western Australia, the gas producer said on Dec. 23.

December 23, 2020

Infrastructure , Emissions , Pipelines

Australia’s Santos Narrabri Gas Project Approval Faces Court Challenge

An Australian community group has launched a court challenge against Santos Ltd.’s A$3.6 billion (US$2.7 billion) Narrabri coal seam gas project, saying an independent panel that approved the development failed to consider its climate impacts.

December 23, 2020

Exploration & Production , International , Health, Safety & Environment , Emissions

Green Group to Challenge Approvals for Woodside’s Western Australia Gas Projects

Woodside Petroleum said on Dec. 21 an environmental body had decided to challenge approvals given to the company to process gas at two offshore oil and gas projects in Western Australia.

December 21, 2020