Articles tagged Woodside

Tellurian Inc. has agreed to sell the company and its developing 27.6 million metric ton/year (mmty) Driftwood LNG project to an Australian oil and natural gas giant, Woodside Energy Group Ltd.

Australia’s government has included initiatives for substantial natural gas development with the launch of its Future Gas Strategy plan intended to help the country transition to cleaner energy by 2050.

As its work on the Scarborough LNG project progresses, Woodside Energy Group Ltd. has netted another major Asian customer for the expansion, this time signing on the world’s largest single importers of liquefied natural gas.

Jera Co. Inc., one of the world’s largest LNG buyers, has secured a 15.1% stake in Woodside Energy Group Ltd.’s Scarborough project as it continues to look for stable long-term supply for Japanese power production.

Woodside is further diversifying its LNG portfolio with more U.S.-sourced gas from a new supply agreement with Mexico Pacific Ltd. (MPL), tallying another major offtaker for the proposed Mexican terminal.

Woodside Energy Group Ltd. reported one of its projects to expand Australian LNG exports is almost half done, but CEO Meg O’Neill said the country’s regulatory process could be undercutting the firm’s ability to secure foreign investment and domestic natural gas supply.

Global natural gas markets were tepid Tuesday despite growing risks of Australian LNG work stoppages.

Woodside Energy Group Ltd. is considering whether to take one of the five LNG trains connected to its North West Shelf (NWS) Project offline as it works to attract more third-party natural gas partners.

Talks to avert strikes at three LNG export facilities in Western Australia are expected to stretch into next week after negotiations between the labor unions, Chevron Corp. and Woodside Energy Group Ltd. have made little headway.

Commonwealth LNG LLC disclosed it has reached a milestone in the development of its 9.3 million metric ton/year (mmty) proposed natural gas export facility in Cameron Parish, LA with a combined equity, offtake and feed gas supply agreement.