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The Chevron-operated Wheatstone project.

ACCC probes Woodside’s Apache deal

The consumer watchdog is probing Woodside Petroleum's $US2.75 billion purchase of oil and gas assets from US energy company Apache, over concerns the deal could affect the supply of wholesale gas in the WA market and lead to higher gas prices.

Woodside announced in December its purchase of Apache Corporation's stakes in three projects, including the Chevron-operated Wheatstone venture, which is currently under construction near Onslow.

The Wheatstone project is primarily focused on production of liquefied natural gas (LNG) for export markets, but it will also become a supplier of domestic gas for local industy.

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WA export revenue

7th-Alcoa of Australia$3.00bn
8th-Roy Hill Holdings$3.00bn
9th-Chevron$2.90bn
10th↑South32$1.70bn
11th↑Mineral Resources$1.50bn
49 exporters ranked by WA export revenue most recent financial year

Number of Employees

Oil and Gas Companies

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