Search results for: Browse LNG

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  • 8 February 2012

    Taiwan’s CPC said today that is in negotiations with Woodside to acquire a stake in Browse LNG project. The company plans to buy a stake of less than 10 percent in the project and it is also negotiating details of a LNG supply deal with Woodside, Bloomberg reported, citing Chen Ming-huei, a CPC spokesman. Woodside […]

  • 10 April 2012
    Business & Finance

    Woodside, an Australian petroleum exploration and production company, has postponed a Final Investment Decision for its Browse LNG Project for 2013. The company says that that the Commonwealth Minister for Resources and Energy and the WA Minister for Mines and Petroleum have approved amendments to the Browse Basin retention leases. The amendments include extending the […]

  • 5 December 2011

    Woodside Petroleum’s $30 billion Browse LNG Project will unlikely meet its target for a final investment decision by mid-2012, Reuters reported today. Woodside also may be forced to consider changing the project’s location, Reuters said, citing industry analysts. The company has struggled to reach an agreement with its JV partners on its preferred site for […]

  • 22 June 2012

    Woodside of Australia said that the liquefied natural gas (LNG) key terms agreement with CPC Corporation Taiwan for the Browse LNG Development was allowed to expire on 21 June 2012, on the agreement of both parties. Woodside signed in 2007 a liquefied natural gas key terms agreement with CPC Corporation Taiwan for the potential sale […]

  • 18 September 2012

    Woodside announced that the sale of a minority portion of the company’s equity in the proposed Browse LNG Development to Japan Australia LNG (MIMI Browse) Pty Ltd is now complete. The sale involves MIMI taking a 16% interest in the East Browse joint venture and 8% interest in the West Browse joint venture for US$2 […]

  • 2 January 2014

    In connection with Woodside’s sale of equity in the Browse LNG Development to Japan Australia LNG (MIMI Browse) Pty Ltd (MIMI) and advised to the ASX on 1 May 2012: • Woodside and MIMI entered into an agreement (JMA) to jointly market co-mingled LNG to the Asian market, primarily to Japanese customers; and • Woodside […]

  • 7 December 2011

    Australian LNG giant Woodside Petroleum Ltd., said its Browse LNG project will not be delayed by a court ruling that land acquisition notices were illegal. “We do not believe that this result will impact on the project schedule,” Woodside said in a statement. Yesterday, Supreme Court of Western Australia, ruled that the State Government’s plan […]

  • 30 October 2012

    Woodside of Australia welcomed the determination by Western Australian Environment Minister Bill Marmion on the appeals received in response to the Environmental Protection Authority’s conditional approval for the proposed Browse LNG Precinct. Woodside, as operator of the Browse LNG Development, is the potential foundation proponent for the State Government’s precinct and is currently progressing plans […]

  • 22 May 2015

    LNG player Woodside expects the Browse FLNG project’s front-end engineering and design (FEED) to start in the coming months.

  • 22 May 2015

    LNG player Woodside expects the Browse FLNG project’s front-end engineering and design (FEED) to start in the coming months.

  • 14 February 2018

    Australia’s Woodside Petroleum on Wednesday reported an 18 percent rise in annual profit on the back of higher oil, gas and LNG prices. The LNG company posted a net profit of $1.02 billion for 2017, up from $868 million last year. Woodside declared a full-year dividend of $0.98 per share, up from $0.83 a share […]

  • 30 June 2011

    Woodside announced that a Native Title Agreement has been executed to enable the establishment of the Browse LNG Precinct near James Price Point, 60 km north of Broome in Western Australia. The Agreement, between Woodside, the State of Western Australia and the Goolarabooloo Jabirr Jabirr native title claim group, secures the land required for the […]

  • 14 November 2011

    The proposed Browse LNG Development has reached a key milestone with the release for public review of the Draft Environmental Impact Statement (EIS) for the upstream component of the development. The Draft Upstream EIS concerns the construction, operation and de-commissioning of all the offshore aspects of the Browse LNG Development located in Commonwealth waters, including […]

  • 2 January 2014
    Project & Tenders

    Woodside Petroleum provided an update on the Browse liquefied natural gas project in Western Australia. In connection with Woodside’s sale of equity in the Browse LNG Development to Japan Australia LNG (MIMI Browse) and advised to the ASX on 1 May 2012: Woodside and MIMI entered into an agreement (JMA) to jointly market co-mingled LNG […]

  • 17 April 2014
    Infrastructure

    Woodside Energy, an Australia-based oil and gas producer, today announced its 1Q 2014 output volumes rose 5 percent, compared to the same period in 2013. The company said that production rose due to the restart of the Vincent FPSO in late 2013. Sales volumes were 6.9% higher compared the corresponding period  in 2013. Sales revenue for the […]

  • 1 May 2012
    Project & Tenders

    Woodside announced that it has accepted an offer from Japan Australia LNG (MIMI Browse) Pty Ltd to purchase a minority portion of Woodside’s equity in the proposed Browse LNG Development for US$2 billion, subject to joint venture pre-emption rights. The sale involves MIMI taking 16% interest in the East Browse joint venture and 8% interest […]

  • 3 July 2012
    Business & Finance

    Further to Woodside’s announcement on 1 May 2012 that Japan Australia LNG (MIMI Browse) Pty Ltd (MIMI) offered to acquire a minority portion of the company’s equity in the proposed Browse LNG Development, Woodside advises that none of the Joint Venture partners have elected to match the MIMI offer. The Foreign Investment Review Board has […]

  • 12 April 2013

    Woodside of Australia said it has completed its technical and commercial evaluation of the proposed Browse LNG Development near James Price Point and determined that the development concept does not meet the company’s commercial requirements for a positive final investment decision. The evaluation was completed in line with the conditions of the Browse Retention Leases, […]

  • 3 July 2012

    Further to Woodside’s announcement on 1 May 2012 that Japan Australia LNG (MIMI Browse) Pty Ltd offered to acquire a minority portion of the company’s equity in the proposed Browse LNG Development, Woodside points out that none of the Joint Venture partners have elected to match the MIMI offer. The Foreign Investment Review Board has […]

  • 21 February 2011
    Project & Tenders

      KBR announced today that KLH Australia-Browse Joint Venture (KLH Australia), a joint venture between KBR, Leighton Contractors and John Holland, has been awarded a FEED contract by Woodside for the company’s Browse Liquefied Natural Gas (LNG) Development in Western Australia. The joint venture will provide lump sum FEED services for the development of three […]

  • 23 February 2011
    Business & Finance

      Fluor Corporation  announced today that its Fluor Offshore Solutions unit was awarded a front-end engineering and design (FEED) contract by Woodside for the Browse Liquefied Natural Gas (LNG) Development. The Browse fields are located in the Browse Basin about 425 kilometres north of Broome off the western coast of Australia. Fluor will be responsible […]

  • 12 April 2013

    Australia’s Woodside has completed its technical and commercial evaluation of the proposed Browse LNG Development near James Price Point in W. Australia and determined that the development concept does not meet the company’s commercial requirements for a positive final investment decision.  A tender evaluation has recently been completed for all upstream and downstream scopes of work which showed […]