Tagged

North West Shelf LNG

The Woodside-operated North West Shelf project near Karratha exported Australia's first LNG cargo in 1989 and now has five trains and a domestic gas plant.

Decommissioning

BHP and Woodside deal will not escape tougher decommissioning laws

If Woodside absorbs BHP's oil & gas assets new laws ensure the massive decommissioning liability falls to one of the companies, not the Australian taxpayer, unlike the Northern Endeavour.

Woodside Petroleum

Woodside + BHP Aussie oil & gas: inspiration or desperation?

Buying BHP’s Australian oil and gas assets could allow Woodside to escape its lost decade, but its shareholders and Australian taxpayers should count their fingers after the handshake.

Safety

Concern over corrosion found at Woodside’s North West Shelf LNG

Woodside has found corrosion during a shutdown of the North West Shelf's LNG Train 4 that potentially is a serious concern. It is understood Woodside is now inspecting other trains for the problem.

Safety

Regulator tells Woodside to fix safety issues on ageing North Rankin A platform

Woodside must check if corrosion on fourteen 24-tonne caissons under an offshore platform could cause them to fall onto subsea pipelines with possibly catastrophic results.

APPEA 2021 Perth

Doubts grow over WA onshore gas export ban

Plentiful and cheap gas to WA may be undermined by pressure from North West Shelf LNG participants and Perth Basin producers for the McGowan Government to weaken its ban on the export of onshore gas.

Carbon Emissions

BHP climate target skips massive Australian oil & gas emissions

BHP's climate target excludes the Bass Strait, North West Shelf and future Scarborough LNG on the incorrect basis that the operator controls the emissions, not the joint owners.

Energy Transition

Shell, Exxon and Chevron slammed on climate by court and investors: what it means for Australia

Shell, Exxon and Chevron are big players in Australian oil and gas and being forced to decarbonise sooner will affect their local operations, with a possible king hit to Prelude.

Energy Transition

Woodside: Scarborough or stranded like a beached whale

For Woodside, it is Scarborough or bust. Incredibly the LNG specialist has no plan B ready if its last chance to develop an LNG project evaporates. And Scarborough is no sure thing.

Carbon Emissions

WA’s top carbon polluters: LNG, power, iron ore and alumina

WA's industrial greenhouse gas emissions are dominated by four products and a handful of companies, including a few that have managed to keep a low profile in the climate wars.

Carbon Emissions

The green legal action that could halt Woodside’s $US11.4B Scarborough LNG

Woodside wants to sanction its $US11.4 billion Scarborough LNG project in 2021, but a legal challenge to regulatory approval for years of carbon emissions could put it in a two-year legal limbo.

Gas

BP's Ironbark well fails to find gas

BP's Ironbark well off WA is a duster with "no significant hydrocarbon shows" killing hopes of gas supply to the North West Shelf LNG plant and crashing shares in Cue and NZ Oil and Gas.

LNG

Conservation Council moves to quash Woodside's growth plans

The Conservation Council has launched legal action against Woodside and the WA Government that may reopen environmental approvals essential to the Scarborough and Browse LNG projects.

Chevron

Chevron to restart Gorgon LNG train after $500M production loss

Chevron prepares to restart a Gorgon LNG train after losing more than $500M of production to repair faulty welds. Two trains to go.

LNG

BP interested in North West Shelf LNG but not Browse

BP, unlike Chevron, remains committed to Woodside-operated North West Shelf LNG as it waits to drill nearby Ironbark, but Browse is unlikely to meet its investment criteria.

LNG

Eight huge risks Chevron’s North West Shelf sales pitch missed

Chevron's slice of the North West Shelf LNG project is touted as ideal for infrastructure investors. It is the opposite - highly risky, complex and dysfunctional.

Domestic Gas

North West Shelf’s 36-year WA gas reign is over

Santos is now the biggest supplier of gas to WA and the future may depend on the Perth Basin after the State's almost four decades of reliance on Australia's first LNG plant.

LNG

Woodside's future hangs on the NWS exit rush Chevron started

Peter Coleman's challenges: an ageing plant, high cost gas, partner churn and global forces making the LNG game tougher than anyone envisaged a few years ago.

Decommissioning

Woodside abandons abandonment for Echo Yodel

If Woodside's argument that a reef's environmental benefit outweighs 400 tonnes of plastic in the ocean wins over NOPSEMA then leaving everything on the seabed could become the default option for Australia's oil and gas players.

Woodside Petroleum

Woodside slashes offshore maintenance workforce

Woodside has heavily pruned its critical offshore maintenance teams leaving casual workers facing an uncertain future.

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Woodside carbon plan comes with big loophole

Woodside chief executive Peter Coleman told investors his Browse and Scarborough LNG projects stood up with a $US40/t carbon price, but the fine print was a different story.

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Woodside field leaks oil for two months

A subsea oil well that leaked for up to two months off the Pilbara coast in 2016 belonged to the Woodside-operated North West Shelf project.

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WA gas enough for export and local use: Coleman

Woodside chief executive Peter Coleman believes WA has enough gas to keep the North West Shelf LNG plant exporting and the local market supplied.