Commonwealth Liquified Natural Gas (LNG) has signed a heads of agreement (HOA) to negotiate the future purchase of 2.0 million metric tons/year (mmty) of LNG by Woodside Energy Trading Singapore Pte Ltd. from its proposed terminal near Cameron, Louisiana. Australia’s Woodside could secure a contract for 20 years of the project’s lifespan if it follows…
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Articles from Woodside
Natural Gas Projects in Asia, Middle East Advance in Series of Year-End Deals
A number of deals were signed across Asia and the Middle East in recent weeks to further expand the availability of natural gas and develop new resources. BP plc has signed a 10-year natural gas supply agreement with a subsidiary of China’s State Power Investment Corp. (SPIC) to supply 200,000 metric tons/year (mty) starting in…
December 27, 2021
Woodside Sanctions $12B Scarborough LNG Project in Australia
Woodside Petroleum Ltd. said Monday that it would go ahead with the $12 billion Scarborough liquefied natural gas (LNG) project, sanctioning a large dry gas field off the coast of Western Australia and an expansion at its Pluto export facility. The Scarborough field is about 230 miles off the coast. It would feed a second…
November 22, 2021
Woodside, BHP Agree to Merge in $28B Deal, Creating LNG Giant with Estimable Deepwater GOM Portfolio
Australia’s Woodside Petroleum Ltd and BHP Group said Tuesday they would merge their natural gas and oil portfolios in an all-stock transaction estimated to be worth $28 billion, to create one of the biggest producers in the world. The proposed merger under the Woodside brand would create the largest energy company listed on the Australian…
August 17, 2021
Woodside Inks Trucked LNG SPAs to Power Australian Mining Industry, On Track for Pluto Expansion FID
Woodside Petroleum Ltd. has entered a trio of sale and purchase agreements (SPA) to supply liquefied natural gas (LNG) sourced from its Pluto facility via truck to power Western Australia’s remote mining industry. Woodside said last week it and joint venture partner EDL had inked a 10-year SPA with miner Strandline Resources Ltd. to supply…
July 21, 2021
LNG Suppliers Woodside, Santos See Revenue Lift on Higher Commodity Prices
Two of Asia’s biggest liquefied natural gas (LNG) suppliers, Woodside Petroleum Ltd. and Santos Ltd., posted higher first quarter revenues despite loading fewer volumes over the previous three-month period as commodity prices strengthened. Woodside last month said LNG sales in 1Q2021 amounted to 17.6 million boe/d, down from 19.4 million boe/d in 4Q2020 and 17.8…
May 5, 2021
Australia’s Woodside Saw 3Q Earnings Plummet Amid Weak LNG Prices
Woodside Petroleum Ltd., Australia’s top natural gas producer, reported a steep 42% fall in third-quarter revenue from a year ago despite higher sales volumes, as its long-term liquefied natural gas (LNG) export contracts were hit hard by low oil prices from last quarter. Most of Woodside’s LNG contracts are with Asian customers and are indexed…
October 27, 2020
Chevron, Woodside OK’d to Export 2.7 Bcf/d from KM LNG Facility in British Columbia
Chevron Canada Ltd. and Woodside Energy Ltd. have received approval to double the size and planned lifespan of KM LNG, their proposed natural gas export project to be sited in British Columbia (BC).
December 6, 2019
Germany’s Uniper Deal for Woodside LNG to Remove Some Reliance on Russian Gas
Perth-based Woodside Petroleum Ltd. signaled Wednesday that it will give no ground on taking its Australian natural gas resources to global markets after securing a supply deal with a top German power generator.
September 20, 2019
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