Basin Review Carnarvon Basin

Woodside secures funds


Woodside Energy has successfully raised approximately $1.57 billion as part of the institutional component of its entitlement offer.

Following yesterday’s announcement of a $2.5 billion fundraising scheme for a majority stake in the Scarborough gas field, Woodside is looking to expand its LNG presence.

Woodside Energy has said it will raise $2.5 billion to fund the purchase of ExxonMobil’s stake in the Scarborough gas field, offshore Western Australia.

Carnarvon Petroleum has been awarded the AC/P63 permit, to be known as the Eagle Project, within the southern Vulcan Sub-Basin on Western Australia’s North West Shelf.

KOGAS and NWS LNG in arbitration


South Korea’s state-run KOGAS has entered court-administered arbitration talks with the NWS LNG Joint Venture over an LNG contract that expired in 2016.

Quadrant Energy’s potential IPO cancelled


Quadrants Energy’s potential initial public offering (IPO) has been cancelled indefinitely, leading to the possibility of a major investor putting their stake in the company up for sale.

Woodside has commenced studies on a pipeline to connect Pluto LNG and the NWS Project’s Karratha Gas Plant, as well as approving a LNG truck-loading facility.

The WA Environmental Protection Agency (EPA) has been asked by WA Environment Minister Stephen Dawson to investigate the Chevron-operated Wheatstone LNG Project.

Part of the Outtrim project in WA-155-P, offshore Western Australia, the Belgravia prospect lies adjacent to the Swell-1 well, which intersected significant gas.

Australia’s gas exploration and production opportunities


With international LNG exports and domestic consumption increasing the demand for Australian gas, significant opportunities exist for the local sector. Gas Today takes a look at what will be driving...

Acreage release boosts economy


Over 200,000 sq km of exploration acreage was released by the Australian Government at the Australian Petroleum Production and Exploration Association Conference in Perth in April 2011.

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