News Articles for Woodside Energy

Last month's huge oil discovery off the Pilbara coast, which could be the largest local find in 30 years, has already provided West Perth junior Carnarvon Petroleum with a significant boost to its share price.

WA is expected to be the world's second-largest LNG exporter by 2020.

Woodside, WorleyParsons and KBR were awarded the overall prize at the 2014 WA Engineering Excellence awards last night for their project entry, the $5 billion North Rankin Redevelopment project, which exports gas to the Karratha gas plant.

Aberdeen-headquartered energy services firm Wood Group PSN has won a contract with Woodside to provide engineering and construction management services at its Karratha Gas Plant Life Extension program, for an undisclosed amount.

Speculation is mounting that Apache Energy is set to spin-out its Western Australian assets into a separate entity, with Macquarie Capital Advisers appointed to act on its behalf.

WA's listed companies have significant work to do to satisfy new guidelines around sustainability reporting.

Global Construction Services says its 2014 financial year earnings were hit by delays in major projects in the Perth CBD moving from approval to construction and a slowdown in resources-sector demand in the Pilbara, leading to a near-50 per cent fall in net profit.

Retail investors in Western Australia love their Wesfarmers and Woodside shares. Professional investors are not so sure, and neither is the governor of the Reserve Bank of Australia, Glenn Stevens.

Belmont-based event production and management services provider Corporate Theatre Productions has been sold to Presentation Technology for an undisclosed amount.

Western Australian based stocks rose 18.9 per cent in the twelve months to Hune 30, but most of the gains were in the first six months of that period, according to the Deloitte WA Index released today.

An application has been lodged with the City of Perth to amend the design of the office component of the much-awaited Capital Square development, the latest sign of progress at the old Emu Brewery site.

Departing Synergy board member Keith Spence has told Business News the merger of Synergy and Verve had already delivered $70 million in savings.

The Palmer United Party is proving that success in business doesn't equal sense in politics.

The high-cost, low-price environment has put the squeeze on iron ore miners.

FEATURE: Perth is in the middle of its biggest wave of office construction in decades, but a sustained burst of new supply means future prospects for commercial developers are increasingly bleak.

Woodside Petroleum quashed weeks of speculation this month when it revealed it would call Capital Square home from 2018.

Beach Energy has accepted Woodside Petroleum's offer to acquire a 70 per cent interest in the Lake Tanganyika basin in Tanzania.

For many business people the current conditions seem very challenging.

In this week's edition of Business News Background, head of content Mark Pownall and other reporters discuss the top stories of the week, including Gina Rinehart's move into beef processing, Michae

Woodside Petroleum has confirmed it will be the anchor tenant at Capital Square, signing a memorandum of understanding with the site's developer, AAIG.

Woodside Petroleum has signed an agreement with London-based Chariot Oil & Gas to farm-in to the Doukkala basin off the coast of Morocco.

Woodside has discovered a substantial amount of gas at its Toro-1 exploration well about 150 km north of Exmouth.

Woodside Petroleum has turned the threat of cheap liquefied natural gas exports from the US into an opportunity for the producer to resell some of that LNG at a higher price.

Shell's move out of Woodside has opened up a range of scenarios as major players jostle for a stake of WA's LNG riches.

Respected Aboriginal leader Wayne Bergmann has launched an extraordinary attack on Buru Energy, after the oil and gas company announced a landmark agreement with the Noonkanbah Aboriginal community.

A slowing demand for surveying services has not stopped CADS Survey from pursuing growth by the adoption of innovative technologies, entering new markets and expanding its capabilities.

Rising Stars finalist Monford Group says client satisfaction has been the key to its rapid growth.

Giving managers responsibility for making decisions relevant to their sections is crucial at marine services business TAMS Group, which has steadily added new capabilities and staff to differentiate itself as a full service provider in a market full of specialists.

IT consultant Velrada has built its business on providing niche software solutions.

FEATURE: The state's premier oil and gas training institute has joined forces with Northern Territory-based Charles Darwin University in the search for a training provider to tackle a looming oil and gas skills shortage.

FEATURE: The writing was on the wall, and has been for more than a decade. Royal Dutch Shell's divestment of most of its 23 per cent stake in Woodside Petroleum last week surprised few in the business community.

By breaking ranks from its DomGas Alliance partners, FMG has upped the pressure on the state government.

FEATURE: Floating LNG will provide limited local construction, manufacturing and engineering opportunities, but could propel WA to the world stage.

Woodside Petroleum has more than doubled its intake of graduates, from 50 hired in 2013 to 115 expected to start next year.

Sue Ash, Frank Cooper, Hendy Cowan and Ian Ritchie are among the Western Australians to have been recognised in the Queen's Birthday honours this year.

SPECIAL REPORT: Power and influence in WA is adjusting to a new order after the boom.

SPECIAL REPORT: Global economic forces, a national election and state political exits have shaped the 2014 Most Influential list.

Fortescue Metals Group has called for the phasing out of the state government's contentious domestic gas reservation policy, which has traditionally been backed by big gas buyers, in favour of stricter application of the ‘use it or lose it' rules.

The resources sector will struggle to find enough skilled workers to drive production on the LNG plants expected to come on-stream in the next few years.

In this week's edition of Business News Background, head of content Mark Pownall and news editor Mark Beyer discuss Woodside Petroleum's exit from Leviathan, Craig Serjeant and John Gannon's SFG takeover by IOOF Holdings, Shell to take a whole tower in the new Kings Square development, worker shortage in the LNG sector but job shortage for engineers and a huge pull-out feature in our paper this week - Giving Well, your guide on giving.