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Woodside axes 300 jobs and freezes pay

2015-03-24 14:34:35| Oil & Gas - Topix.net

Woodside Petroleum is axing 300 jobs and freezing pay across the organisation as it deals with a plunge in the oil price. The fresh job cuts are expected to be carried out over the coming weeks and come after the company shed 320 roles in 2014.

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Woodside Petroleum cuts 300 jobs and freezes pay

2015-03-24 03:30:14| Energy - Topix.net

Woodside Petroleum is cutting 300 jobs and freezing pay as the energy giant slashes expenditure following a plunge in the oil price. It said some roles would change as a halving in the oil price over the past year had put pressure on its bottom line and prompted it to accelerate efficiency plans.

Tags: jobs pay cuts petroleum

 
 

Woodside Petroleum takes up more acreage in Myanmar with BG

2015-03-23 01:05:09| Oil & Gas - Topix.net

Woodside Petroleum has emerged as the largest holder of exploration acreage in Myanmar's promising Rakhine Basin, formalising contracts with the government that will give it large interests in four additional permits. Woodside said that its stakes in offshore blocks AD-2, AD-5, A-4 and A-7 increased its exploration acreage to about 46,000 square kilometres.

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Woodside signs PSCs for four Myanmar offshore blocks

2015-03-23 01:00:00| Offshore Technology

Woodside has signed production sharing contracts (PSCs) for Myanmar offshore blocks AD-2, AD-5, A-4 and A-7.

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Woodside restarts Pluto after close shave

2015-03-20 12:58:45| Energy - Topix.net

Woodside Petroleum has restarted its massive Pluto liquefied natural gas plant after a drifting oil rig came within five hundred metres of critical gas lines. The energy giant halted production at Pluto in north Western Australia after the Atwood Osprey semi-submersible drilling rig was knocked loose during Cyclone Olwyn on Thursday last week.

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