Woodside and Viva Energy have entered into a memorandum of understanding (MoU) to progress discussions on capacity rights at Viva Energy’s proposed LNG regasification terminal (the Gas Terminal Project) in Geelong, Victoria, which could enable Woodside to supply LNG to the east coast Australian market. Under the terms of the MoU, Woodside will discuss with […]

Woodside’s Australian corporate income tax is paid by three entities: our 90%-owned Burrup Facilities Company Pty Ltd and Burrup Train 1 Pty Ltd, which reflect the joint ventures we operate; and Woodside Petroleum Ltd. The data reported in the Australian Taxation Office (ATO) 2019-20 Report of entity tax information shows that in respect of the […]

Corporation today announced a 2022 organic capital and exploratory spending program of $15 billion, at the low end of its $15 to $17 billion guidance range and up more than 20% from 2021 expected levels. This capital program supports Chevron’s objective of higher returns and lower carbon, including approximately $800 million in lower carbon spending. […]

San Leon, the independent oil and gas production, development and Exploration Company focused on Nigeria, has announced the appointment of Julian Tedder as Chief Financial Officer and Executive Director of the Company with immediate effect.  Julian is a chartered accountant and previously served as Chief Financial Officer of IGas Energy plc and General Manager, Finance of Tullow […]

Africa Oil Corp. has announced that it has received a dividend from Prime Oil and Gas Cooperatief UA (Prime). Prime has distributed a US$100 million dividend with a net payment to Africa Oil of US$50 million related to its 50% shareholding. Since acquiring its 50% shareholding in Prime for a cash consideration of $520 million in January 2020, Africa Oil has received […]

Seadrill Limited a world leader in offshore drilling provides a market update for the third quarter of 2021. During the quarter, Seadrill continued to sign high-quality contracts contributing $145m to backlog, reflecting the depth of its customer relationships. Total backlog as of September 30, 2021 stood at $2.1bn. Highlights during the period included: West Gemini – […]

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, is pleased to provide the following update on the proposed reorganisation to consolidate Midwestern Oil and Gas Company Limited’s (“Midwestern“) holding in the Company and Midwestern Leon Petroleum Limited (“MLPL“) into a single holding in the Company (the “Potential Transaction“).  The Potential Transaction also includes, inter alia, […]

Neptune Energy and its joint venture partners, bp and JAPEX have completed the safe and successful installation of the manifold and umbilical for the Seagull project in the UK Central North Sea. TechnipFMC, working under the Neptune Energy Alliance Agreement, undertook the construction activities on the development from the CSV Deep Star vessel. The activities […]

IOG, the Net Zero UK gas and infrastructure operator focused on high return projects, today provides a corporate and operational update. “The offshore subsea and hook-up scopes for the Blythe and Elgood fields are now complete. We continue to work closely with Bacton terminal operator Perenco and an enlarged workforce to complete the reception facilities […]

Maersk Drilling has been awarded a contract with ONE-Dyas B.V. which will employ the harsh environment jack-up rig Maersk Resolute to drill the IJssel and Clover exploration wells in the Dutch sector of the North Sea. The contract is expected to commence in December 2021, with a firm duration of 84 days. The contract value […]