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.
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.
Wed 7 February 2018
Comet Ridge’s Mira Pilot Scheme in ATP 1191 in the Mahalo Block in central Queensland is increasing production for Australia Pacific LNG (APLNG).
Royal Dutch Shell CEO Ben van Beurden says there is little evidence of LNG oversupply and has promised to continue developing new projects.
Origin Energy plans to cut 650 jobs after it completes the $1.6 billion sale of its non-core oil and gas assets arm, Lattice Energy, to Beach Energy.
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.
By Lizzie Knight, Partner, Corrs Chambers Westgarth.
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