Scarborough News

Woodside Wraps Up 15.1% Scarborough Stake Sale to JERA for $1.4B

Oct 31, 2024

Woodside has completed the sale of a 15.1% non-operating participating interest in the Scarborough joint venture to JERA, Japan’s largest power generation company, for approximately $1.4 billion.The Scarborough joint venture includes the Scarborough…

Saipem Installs Trunkline for Woodside’s Scarborough Gas Project off Australia

Oct 11, 2024

Saipem and sub-contractor teams have installed the trunkline for Woodside’s Scarborough gas project, a critical piece of infrastructure that will enable gas transport from the offshore field to onshore facilities in Australia.The installation…

Environmental Group Backs Out of Scarborough Litigation

Aug 19, 2024

Woodside and the Australian Conservation Foundation (ACF) have agreed to dismiss the ACF’s challenge to a primary environmental approval for Woodside’s Scarborough Energy Project.The Scarborough Energy Project has all primary environmental approvals in place and offshore work is progressing well…

Woodside Raises Production Expectations After Record Quarter

Oct 15, 2024

Australia's top energy firm Woodside marginally raised its annual output expectations on Wednesday after a record production for the quarter, reflecting ramp-up at Sangomar facility in Senegal and higher seasonal domestic gas demand.The country's…

Woodside and JERA Ink Long-Term LNG Supply Agreement

Sep 18, 2024

Australia’s Woodside has signed a sale and purchase agreement (SPA) with Japan’s JERA for the long-term supply of liquefied natural gas (LNG) to Japan.Under the SPA, Woodside will supply approximately 0.4 million tonnes (six cargoes) of LNG per year over 10 years on a delivered basis…

Woodside Completes Sale of its Scarborough Interest

Mar 25, 2024

Woodside has completed the sale of a 10% non-operating participating interest in the Scarborough Joint Venture to LJ Scarborough (LNG Japan).The completion follows Woodside’s announcement last year that it had established a strategic relationship…

Woodside Reduces Unit Production Costs Despite Inflationary Environment

Aug 27, 2024

Woodside Energy has released its half-year financial highlights citing a net profit after tax of A$1,937 million ($1.3 million) and underlying net profit after tax of A$1,632 million ($1.1 million).Operational highlights include the delivery of 89…

XOCEAN to Deploy USV Fleet for Geophysical Survey at UK Offshore Wind Farm

Aug 12, 2024

A fleet of XOCEAN’s uncrewed surface vessels (USVs) will be deployed at Dogger Bank D offshore wind farm to carry out a multi-beam echosounder (MBES) geophysical survey, starting from August 13.Eleven XOCEAN USVs will be mobilized from Scarborough…

Woodside Gets $1B Loan to Fund Scarborough Gas Project

May 30, 2024

Australian oil and gas giant Woodside has signed a $1 billion loan agreement with the Japan Bank for International Cooperation (JBIC) to support the development of Scarborough gas project offshore Australia.The loan agreement further strengthens Woodside’s balance sheet…

TechnipFMC Nets Woodside Energy’s Pluto LNG Contract

May 14, 2024

Oilfield services company TechnipFMC has secured a ‘significant’ integrated engineering, procurement, construction, and installation (iEPCI) contract from Woodside Energy to support ongoing production at Pluto LNG project in Australia.TechnipFMC will design…

Australia Backs Long-Term Gas Exploration

May 08, 2024

Australia's resources minister said on Thursday she backs the long-term exploration of potential natural gas projects, setting up a potential clash with opposition lawmakers and some in the incumbent Labor Party that oppose its use.Australia…

Woodside Welcomes First Modules for Scarborough Gas Project

Feb 21, 2024

The first three Pluto Train 2 modules for the Scarborough energy project have arrived in Karratha in  Western Australia, marking a significant milestone for the Woodside Energy’s gas development.The modules, fabricated by Bechtel in Indonesia…

Woodside Sells 15.1% Scarborough Stake to JERA for $1.4B

Feb 23, 2024

Australia's Woodside Energy has entered agreement with Japan’s largest power generation company JERA for the sale of 15.1% non-operating participating interest in the Scarborough gas field development project offshore Australia.The total consideration…

Saipem Confirms Incident on Castorone Pipelayer at Scarborough Gas Project

Jan 30, 2024

Italian offshore services company Saipem has reported an incident on its flagship Castorone vessel during a pipelaying operation at Woodside’s Scarborough gas field offshore Australia.Saipem has confirmed that early on the morning of January…

Esgian Week 13 Report: Demand Shifts

Apr 01, 2024

Esgian reports shifts in demand in its Week 13 Rig Analytics Market Roundup.Report overview:ContractsADES has received a Letter of Intent (LOI) from PTTEP Energy Development Company Limited for an 18-month jackup drilling contract in the Gulf of Thailand…

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