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Woodside to take $US1b hit as oil sinks
2016-01-21 02:45:04| Oil & Gas - Topix.net
Woodside Petroleum expects to take a hit of up to $US1.2 billion as it writes down the value of its energy assets following the slump in oil prices. Following a review, the company expects to take an impairment charge of $US1 billion to $US1.2 billion against its asset values in full year 2015 to reflect the lower short-term and long-term oil price assumptions.
Mayne: how to get the Shell men off the Woodside board?
2016-01-18 17:42:37| Agriculture - Topix.net
At the top of Michael Chaney's "to do" list before retiring is securing Woodside's independence from 13.6% shareholder Shell. After 10 pretty average years as chairman of NAB, Michael Chaney finally retired in December with the mess that was the bank's UK adventure still very much a blot in his copybook.
Woodside scores drilling success with gas find off Myanmar
2016-01-04 03:49:42| Energy - Topix.net
Woodside Petroleum has made a gas discovery offshore Myanmar in a find described by chief executive Peter Coleman as "encouraging" for the future of the exploration program in the country. The Shwe Yee Htun-1 well found gas over a depth of 129 metres, of which a relatively modest 10 metres has been designated as "net gas pay", signalling it could be of a good enough quality to yield commercial production.
Woodside scores drilling success with gas find off Myanmar
2016-01-04 03:00:41| Oil & Gas - Topix.net
Woodside Petroleum has made a gas discovery offshore Myanmar in a find described by chief executive Peter Coleman as "encouraging" for the future of the exploration program in the country. The Shwe Yee Htun-1 well found gas over a depth of 129 metres, of which a relatively modest 10 metres has been designated as "net gas pay", signalling it could be of a good enough quality to yield commercial production.
Woodside Petroleum and North West Shelf JV approve $2b Greater Western Flank project
2015-12-11 01:00:00| Offshore Technology
Woodside Petroleum and the North West Shelf (NWS) project joint venture (JV) participants have approved the $2bn Greater Western Flank Phase 2 (GWF-2) project off the north-west coast of Australia.
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