LNG

Company news: Woodside, Origin, NWS and more

Following this week’s announcement of a $2.5 billion fundraising scheme for a majority stake in the Scarborough gas field, Woodside Energy is looking to expand its LNG presence. Woodside has agreed to
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Total and Kumul sign HoA

Under the HoA, KPHL and Total will negotiate a Shareholders’ Agreement for an Incorporated Joint Venture (IJV) to be set up as the corporate vehicle to commercialise their combined production share
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Origin looks at positives despite loss

Underlying Earning Before Interest, Tax, Depreciation and Amortisation (EBITDA) from continuing operation increased $502 million (51 per cent) to $1.49 billion. Underlying profit increased by
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Woodside signals LNG expansion

Woodside has agreed to buy ExxonMobil’s 50 per cent stake in Scarborough for up to $744 million, which would take Woodside’s stake up to
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Origin hit by Ironbark downgrade

With its half year results to be released on 15 February, Origin expects to recognise an impairment for the Ironbark gas field of $360 million on a post-tax basis, after taking into account a downgrade
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Mira production steadily increasing

Since the last operation update, Comet Ridge says the pump speed has been increased slightly while the gas rate has continued its steady climb,
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