News Articles for Woodside Energy

Smart-ticketing company Vix Technology has strengthened its push into the resources sector by acquiring specialist Australian software company Osmotion for an undisclosed sum.

Marine services company MMA Offshore has won a $50 million contract to provide services to Woodside Petroleum, but says low oil prices are placing significant pressure on market demand, with conditions unlikely to improve during the financial year.

Oil and gas producer Santos plans to cut its debt by $3.5 billion through two capital raisings and one asset sale, in an effort to ride out weak oil prices, and has recruited Clough boss Kevin Gallagher as its new chief executive.

Western Australia Labor's left faction is hoping to oust Gary Gray from the federal seat of Brand, saying he should be an independent if he doesn't want to toe the state party line.

Monadelphous Group has been awarded a number of new contracts and extensions from clients including Woodside Petroleum, worth a combined $150 million.

A joint venture between UGL and UK company Cape has won a contract to provide services to the Woodside Petroleum-operated Karratha gas plant for an undisclosed sum.

Norwegian company Yara International has moved to full ownership of the giant ammonia plant built by Pankaj Oswal in the Pilbara, paying a price that reflects the expected impact of higher gas prices in future.

An independent panel has endorsed the proposed development of a liquefied natural gas precinct at James Price Point near Broome, but the recommendation may have little impact as project developers led by Woodside Petroleum have shifted their focus to floating LNG developments.

Oil and gas producers Drillsearch Energy and Beach Energy plan to create a $1.2 billion company with the backing of major shareholder Kerry Stokes.

Shares in Santos have jumped after the struggling energy giant revealed it has rejected a $7.1 billion takeover bid this week.

SPECIAL REPORT: Earnings for the state from the powerhouse minerals and energy industries have softened, but agriculture, among other sectors, will create opportunities. Business News also takes an in depth look at Bunbury port, where a big expansion plan needs community backing and solid regional demand growth.

Woodside Petroleum has fine-tuned its project portfolio as it deals with the impact of weak oil prices, selling one of its mature assets, deferring a new oil field development but proceeding with evaluation of another new development.

SPECIAL REPORT: As the energy construction boom winds down, policy makers must get the settings right to prepare for future investment, while energy players mull the best way to allocate scarce capital.

The winner of a new innovation program has combined gaming technology with its traditional focus on process control data to create a product that has attracted keen interest from some of the state's biggest companies.

KPMG's Energise accelerator has delivered an immediate return for the eight start-up companies participating in the program, with pilot projects and prizes worth more than $650,000 being awarded.

A series of major trade sales and the prospect of one of WA's biggest-ever IPOs were highlights in what remained subdued capital markets in the September quarter. Also in our special report, how a surge in backdoor listings is attracting Silicon Valley entrepreneurs.

WA-based LNG Ltd has fallen back to earth as an oversupply of liquefied gas worldwide is hitting the share prices of gas-exposed stocks.

Top Western Australian publicly listed companies with fewer women on boards than the national average may get the boost they need following the launch of a new club.

Rob Cole has resigned as managing director of Adelaide-based Beach Energy, after taking leave to attend to family matters in Perth. His resignation comes just six months after commencing with Beach.

Subiaco-based iiNet is a major sponsor of the Hawthorn Football Club with its HQ almost next door to where the Hawks meet West Coast Eagles tonight, yet we haven't seen the same kind of enthusiasm

Woodside Petroleum's ambitious play for Oil Search is a rare example of a Perth-based company being the bidder in a big takeover. Click through to see Business News' listing and analysis of $1 billion-plus M&A deals in WA over the past 20 years.

If Woodside Petroleum's one-for-four share swap bid for rival LNG producer Oil Search was plan A, then plan B, when it comes, had better be a beauty, because so far no-one apart from Woodside management can say anything positive about the proposed takeover.

Woodside Petroleum has spent the past 60 years focused on the development of its own projects in Australia, but in the space of one year, two major takeover deals collectively worth $15 billion look set to reshape the Perth-based energy giant.

Energy giant Woodside Petroleum is considering growth opportunities in Papua New Guinea, announcing today it was evaluating a takeover offer for Oil Search through an all-scrip deal valued at more than $11 billion.

The Welcome to Country app delivers a simple welcome to country video introduction to visitors on Australian indigenous culture by a local traditional owner or elder, including basic cultural protocols that are tribal-boundary geo-specific.

Global management consulting firm Boston Consulting Group has taken a minority stake in Perth-based data and analytics company The Simulation Group, aka TSG Consulting.

A senior Woodside Petroleum executive has urged Perth companies to be less secretive, saying recent deals it struck with local businesses had occurred only after learning of their world-class expertise by chance.

Oil and gas producer Inpex has emerged as the last potential anchor for a significant new commercial development in the CBD, following Rio Tinto's decision to remain at Central Park.

Securing Australia's economic future will require a strong focus on harnessing the nation's energy resources and further developing the global connections that provide pathways to both imports and exports. This is especially true in Western Australia, where energy is emerging as a sector of key state economic importance.

Perth's commercial property market got a dose of good news/bad news this morning, with the office vacancy rate slightly lower than it was expected to be at 16.6 per cent, however it was the highest

As companies seek growth outside of WA, the reasons to remain domiciled here diminish.

KPMG has named the eight businesses it has selected to participate in its recently announced technology accelerator Energise, which will be held in Perth.

It has been a tough year for WA's once-vaunted resources stocks, as our annual TSR survey reveals. Click through to see more on our Shareholder Returns feature.

A local subsidiary of Norway's Global Maritime Group is the latest company to be awarded a contract for work at Woodside Petroleum's operations in the North West Shelf.

Energy giant Woodside Petroleum has awarded a front-end engineering and design contract to a consortium comprising two NYSE-listed companies, for its proposed Browse FLNG project.

France's Technip and South Korea's Samsung Heavy Industries have been signed up as the lead engineering and construction contractors for the Browse floating LNG project, continuing similar work they have undertaken for the Prelude FLNG project.

Woodside Petroleum has stuck with its planned timetable for the Browse gas project, announcing today it has reached agreement with its joint venture partners to commence front-end engineering and design ahead of a final investment decision by the end of 2016.

The state government expects to reap inabout $1 billion in revenue after signing a development agreement with the Woodside Petroleum-led Browse consortium to supply 800 perajoules of gas to the domestic market.

From power production to online shopping and even diamonds, disruptive technologies are shaking up business as we know it.

Global Construction Services has won an extension to its contract to provide all of the onshore and offshore scaffolding works for Woodside Petroleum's North West Shelf project.