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Woodside's Stalled Browse LNG Project Still 'Very attractive' - CEO

Apr 21, 2023

Woodside Energy Group Ltd's CEO played down concerns over the status of its long-delayed Browse liquefied natural gas (LNG) project on Friday after the company reported a decline in first-quarter sales revenue relative to the December quarter…

Inpex Submits Revised Abadi LNG Plan with Carbon Capture and Storage Component

Apr 04, 2023

Japanese oil company Inpex has submitted a revised development plan for Abadi LNG project in Indonesia, incorporating a carbon capture and storage (CCS) component, on behalf of the INPEX-Shell joint venture.Inpex has amended the plan of development…

Longboat Energy Set to Tap into Malaysia's Offshore Gas Potential with Block 2A PSC

Feb 15, 2023

Longboat Energy, an oil and gas company so far mostly focused on offshore oil and gas operations offshore Norway, is expanding internationally with the recent award of an offshore exploration block in Malaysia.Longboat said Wednesday it had won a Production Sharing Contract (“PSC”) for Block 2A…

Woodside, Partners to Pick Plan for Timor Sea Sunrise Gas Project Soon

Feb 06, 2023

Woodside Energy Group and its partners on Monday formally committed to working rapidly to pick the best option for developing the Greater Sunrise natural gas field, factoring in for the first time the potential benefits for East Timor. The Sunrise Joint Venture…

Santos Faces New Delay on Barossa Gas Pipeline Due to Heritage Assessment

Jan 24, 2023

Santos Ltd faces a new delay in developing the Barossa gas project off northern Australia after a regulator ordered it to evaluate environmental risks to underwater indigenous cultural heritage before starting pipeline construction.The Jan. 13 notice…

Petronas Wants to Join Abadi LNG project - Indonesian regulator

Nov 16, 2022

Malaysian state oil and gas company Petronas has expressed interest in participating in Indonesia's takeover of Shell's stake in the Abadi LNG project, Indonesia's upstream oil and gas regulator told a parliamentary hearing on Wednesday.The…

The Philippines: Shell Sells Stake in Malampaya Offshore Field

Nov 01, 2022

Shell has completed the sale of its stake in the Malampaya offshore gas field in the Philippines to Malampaya Energy XP Pte Ltd  (MEXP), a subsidiary of Prime Infrastructure Capital Inc (Prime Infra).  Shell Petroleum signed an agreement to sell interest in Malampaya…

ConocoPhillips Joins QatarEnergy's North Field South Expansion as Final International Partner

Oct 31, 2022

QatarEnergy has selected ConocoPhillips as its third and final international partner in the North Field South (NFS) expansion project. The project comprises two LNG mega trains with a combined capacity of 16 million tons per annum (MTPA).The…

Three New Players to Join Qatar Energy's North Field South (NFS) Project

Oct 06, 2022

Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said that three new partners will be entering the North Field South (NFS) project in addition to the partner recently announced, adding that they will be announced in due course…

Demand for FSRUs Soars as Europe Works to Cut Reliance on Russian Gas

Jun 21, 2022

Following Russia's invasion of Ukraine, European countries have escalated efforts to wean themselves off Russian gas. FSRUs increasingly are in demand to fill the gap.Following Russia's invasion of Ukraine, European countries have escalated efforts to wean themselves off Russian gas…

Indigenous Australians Seek to Block $3.6 billion Santos Offshore Gas project

Jun 07, 2022

A group of Indigenous Australians has filed a lawsuit seeking to stop Santos Ltd from developing a $3.6 billion gas project off northern Australia, saying they were not consulted about the drilling.Traditional land owners from the Tiwi Islands…

East Timor Aiming for Greater Sunrise Offshore Gas Field Output by 2030

May 04, 2022

East Timor's national oil company wants to start producing natural gas from its Greater Sunrise fields by 2028 or 2030, the company's head said on Tuesday in Houston, hoping to develop the offshore project that has been stuck in limbo for decades…

Malaysia's Petronas Sees Higher Demand as Focus Turns to Energy Security

Apr 27, 2022

Malaysian state energy firm Petronas is seeing growing demand for gas as the world lifts COVID-19 restrictions and prioritizes energy security due to Russia's invasion of Ukraine, its chief of upstream operations told Reuters on Wednesday.Petronas…

Australia's Woodside Expects Long-term Gain from Energy Security Fears

Apr 26, 2022

Australia's Woodside Petroleum reported a more than twofold jump in quarterly revenue on Tuesday, buoyed by rising oil and gas prices, and it expects to benefit in the longer term from energy security fears due to Russia's invasion of Ukraine…

Australia: Woodside Shareholders to Benefit from $40B BHP Merger - KPMG

Apr 08, 2022

Australian gas producer Woodside Petroleum Ltd's agreed merger with BHP Group's petroleum arm is in the best interest of its shareholders, an independent expert said, valuing the combined group at around $40 billion.Global miner BHP agreed to…

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