Business and Finance

  • Wood completes US$138m sale of EthosEnergy stake

    15 Jan, 2025

    Wood completes US$138m sale of EthosEnergy stake

    John Wood Group PLC (Wood) has finalised the sale of its stake in Ethos Energy Group Limited (EthosEnergy) to One Equity Partners for US$138 million in cash. The transaction, which was initially announced on... more

  • Santos completes sale of 2.6 per cent PNG LNG stake to Kumul Petroleum Holdings

    21 Nov, 2024

    Santos completes sale of 2.6 per cent PNG LNG stake to Kumul Petroleum Holdings

    Santos Limited has successfully finalised the sale of a 2.6 per cent interest in the PNG LNG project to Kumul Petroleum Holdings Limited (KPHL) as of November 4, 2024. This transaction follows previous annou... more

  • JERA completes acquisition of stake in Scarborough Gas Field and signs long-term LNG supply agreement with Woodside

    21 Nov, 2024

    JERA completes acquisition of stake in Scarborough Gas Field and signs long-term LNG supply agreement with Woodside

    JERA Co., Inc. (JERA), a global energy company and Japan's largest electricity producer, has finalised a significant acquisition and partnership with Woodside Energy (Australia) Pty Ltd, a subsidiary of Woodsid... more

  • SLB to divest Palliser Block assets in Alberta

    30 Oct, 2024

    SLB to divest Palliser Block assets in Alberta

    Global energy technology company SLB (NYSE: SLB) has announced a definitive agreement to sell its interests in the Palliser Block, located in Alberta, Canada. This move marks a significant shift in SLB's ass... more

  • Wood completes US$138m sale of EthosEnergy stake
    15 Jan, 2025
  • Santos completes sale of 2.6 per cent PNG LNG stake to Kumul Petroleum Holdings
    21 Nov, 2024
  • JERA completes acquisition of stake in Scarborough Gas Field and signs long-term LNG supply agreement with Woodside
    21 Nov, 2024
  • SLB to divest Palliser Block assets in Alberta
    30 Oct, 2024

Wood completes US$138m sale of EthosEnergy stake

15 Jan, 2025
Wood completes US$138m sale of EthosEnergy stake
John Wood Group PLC (Wood) has finalised the sale of its stake in Ethos Energy Group Limited (EthosEnergy) to One Equity Partners for US$138 million in cash. The transaction, which was initially announced on August 28, 2024, was completed on January 2, 2025. The deal saw One Equity Partners acquire…

SLB to divest Palliser Block assets in Alberta

30 Oct, 2024
SLB to divest Palliser Block assets in Alberta
Global energy technology company SLB (NYSE: SLB) has announced a definitive agreement to sell its interests in the Palliser Block, located in Alberta, Canada. This move marks a significant shift in SLB's asset portfolio and aligns with the company's focus on energy innovation and technology-driven solutions. The Palliser Block, acquired…

Woodside Energy to delist from London Stock Exchange

29 Oct, 2024
Woodside reports successful reserves update as a result of merger with BHP
Australian oil and gas giant Woodside Energy Group Ltd has announced it will delist from the London Stock Exchange (LSE) following a review of its current structure. The company cited low trading volumes and a desire to reduce administration costs as the primary reasons for the decision. Woodside shares represented…

Chevron accelerates divestment strategy with US$6.5b Canadian asset sale

17 Oct, 2024
Chevron
Chevron Corporation has taken a significant step towards its divestment target by announcing the sale of key Canadian assets to Canadian Natural Resources Limited (CNRL) for US$6.5 billion. This move comes just a week after Chevron's US$300 million sale of Alaska assets to ConocoPhillips, demonstrating the company's commitment to its…

Woodside secures long-term LNG supply agreement with Japan’s JERA

18 Sep, 2024
Woodside reports successful reserves update as a result of merger with BHP
Woodside Energy Group Ltd has announced the signing of a significant long-term liquefied natural gas (LNG) supply agreement with JERA, Japan's largest utility company. The deal marks a major milestone in strengthening the strategic relationship between the two energy giants. Under the sale and purchase agreement (SPA), Woodside will supply…