Killajoules

Woodside and JBIC Sign Memorandum Of Understanding
Woodside has signed a memorandum of understanding (MOU) with the Japan Bank for International Cooperation (JBIC) aimed at supporting Japan’s requirement for stable and long-term energy supplies.

Farm-In Offer Accepted For Offshore Myanmar PSC
Woodside advises that Daewoo International Corporation has accepted an offer by Woodside to farm-in to the Production Sharing Contract for Block AD-7 in the Rakhine Basin, located in the western offshore area of the Republic of the Union of Myanmar.

EPA Report on Browse LNG Precinct
Woodside notes the Environmental Protection Authority’s (EPA) recommendation to conditionally approve the WA Government’s proposed Browse LNG Precinct south of James Price Point.

Woodside Browse Marketing Update
Woodside advises that the liquefied natural gas (LNG) key terms agreement with CPC Corporation Taiwan for the Browse LNG Development was allowed to expire on 21 June 2012, on the agreement of both parties.

Foster Wheeler WorleyParsons Joint Venture Congratulates Woodside on First LNG Cargo from Pluto in Australia
Foster Wheeler AG (Nasdaq: FWLT), under the auspices of the Foster Wheeler WorleyParsons (FWW) joint venture, congratulates Woodside on achieving LNG production and first cargo at its Pluto LNG Project in Australia.

Offer for Sale of Browse Equity and LNG Volumes
Woodside advises that it has accepted an offer from Japan Australia LNG (MIMI Browse) Pty Ltd (MIMI) to purchase a minority portion of Woodside’s equity in the proposed Browse LNG Development for US$2 billion, subject to joint venture pre-emption rights. The effective date is 1 January 2012.

Pluto Begins LNG Production
Woodside is producing LNG from its Pluto LNG Project near Karratha in Western Australia and will soon be loading its first cargo aboard the Woodside Donaldson LNG tanker.
Woodside CEO Peter Coleman said the first production of LNG from Pluto was a defining moment in Woodside’s history and marked the beginning of a new era for the company.
“Pluto cements Woodside’s position as a major supplier of LNG to the Asia-Pacific region and builds on our position as a global leader in upstream oil and gas,” Mr Coleman said.

Aker Solutions secures umbilical contract in Australia
Aker Solutions has signed a contract with Woodside Energy Limited for the manufacture and supply of electro-hydraulic steel tube umbilicals (EHU) for the Greater Western Flank (GWF) Phase 1 project on the north-west coast of Australia. Contract value is undisclosed.

Variation To Browse Basin Retention Leases Approved
Woodside advises that the Commonwealth Minister for Resources and Energy and the WA Minister for Mines and Petroleum have approved amendments to the Browse Basin retention leases.

Pluto-LNG-Project-Achieves-Ready-for-Start-Up
Woodside’s Pluto LNG Project in Western Australia has reached ready for start up (RFSU) status and first gas has entered the processing train late this afternoon.