Woodside will take a loss of between $50 million and $80 million as it exits its 50 per cent share of the Kitimat project in Canada, after partner Chevron also left the development.
Woodside chairman Richard Goyder has sought to hose down speculation about an abrupt leadership change after an earlier than expected retirement for Peter Coleman was revealed yesterday.
Our board moves wrap includes Peretz Schapiro, Andrew Shearer, Peter Church, Bruce McFadzean, Bruce Griffin, John Richards, Peter Coleman, and Meg O'Neill.
Woodside Petroleum has announced Peter Coleman will retire as chief executive before the end of next year, with three internal candidates likely to be in contention for the role.
Pluto Train 2 has advantages bringing Scarborough gas to market compared to the Karratha gas plant, Woodside said today, while flagging huge potential for carbon storage offshore of WA.
Woodside Petroleum has promoted four executives in its leadership team, with Meg O'Neill to be executive vice-president of the merged marketing and developments divisions.
SPECIAL REPORT: Major new engineering contracts show momentum is building for $60 billion of oil and gas projects in WA, but the issue of carbon policy has once again created an obstacle.
Woodside Petroleum has warned it would need to ramp down production at the Burrup Hub in the mid 2020s if the state government does not land on an emissions policy that would support the company's $46 billion of backfill projects.
The state government has backed plans for a 700-bed workers camp at Karratha, despite opposition from the local community, after Woodside Petroleum launched a website that is meant to boost local employment on future gas projects.
Woodside chief operating officer Mike Utsler is resigning after four-and-a-half years with the company. Meg O'Neill will replace Mr Utsler in May this year. Ms O'Neill was most rece
