In response to recent media speculation, Woodside confirms it is in discussions with Uniper regarding potential LNG supply. Discussions between the parties are ongoing and incomplete and no final agreement has been reached on the terms. Woodside will continue to update the market in accordance with its continuous disclosure obligations. This announcement was approved and authorised for release by Woodside's Disclosure [...]
Woodside has entered into a binding agreement with Stonepeak, a leading global investment firm specialising in infrastructure and real assets, for the sale of a 40% interest in Louisiana LNG Infrastructure LLC, providing validation of project quality and increasing attractiveness of the project to other potential equity partners. The transaction significantly reduces Woodside's capital expenditure profile and is a [...]
Woodside Energy Group : Woodside today reported record production of 193.9 million barrels of oil equivalent , or 530 Mboe/day, for the full year 2024. The result was underpinned by outstanding early production performance at Sangomar and world-class reliability at operated LNG assets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250224834649/en/ Net profit [...]
The Scarborough Energy Project has passed another significant milestone with the final Pluto Train 2 modules arriving at the Pluto LNG facility in Karratha, Western Australia. The successful completion of the Pluto Train 2 module program advances the Scarborough Energy Project towards the targeted delivery of first LNG in 2026. Since February 2024, a total of 51 modules, weighing a combined 56,000 metric tonnes, have been [...]
Woodside and Chevron have agreed to an asset swap under which Woodside will acquire Chevron's interest in the North West Shelf Project, the NWS Oil Project and the Angel Carbon Capture and Storage Project, and transfer all of its interest in both the Wheatstone and Julimar-Brunello Projects to Chevron. Chevron will also make a cash payment to Woodside of up to $400 million. The transaction highlights include: Streamlines [...]
Woodside has signed a revised lump sum turnkey engineering, procurement and construction contract with Bechtel for the development of the three train 16.5 million tonnes per annum foundation development of Louisiana LNG. Bechtel has worked on site since the acquisition and will continue work under a limited notice to proceed executed under the revised EPC contract. The LNTP provides for continued site construction and [...]
Woodside Energy will invest $650,000 in Louisiana through the end of 2025, reinforcing the company's commitment to the region and local communities. The investment will fund five community grant programs and enable initiatives that support a broad range of needs across communities in the Greater Bayou area, including environmental preservation, coastal protection, education, workforce development and capacity building [...]
Woodside Energy Group : Woodside CEO Meg O'Neill said: "We would like to acknowledge the tragic death in early October of an employee of one of the construction contractors at our Clean Ammonia Project in Beaumont, Texas. "Safety is our top priority. We are taking steps to understand the circumstances around what occurred and are working closely with local authorities, OCI and the contractor company. "Our production for [...]
Woodside has reviewed its current listing structure and decided to delist from the London Stock Exchange . Woodside shares represented by depositary interests account for approximately 1% of Woodside's issued share capital. Trading volumes of Woodside shares on the LSE are low and delisting from the LSE will reduce Woodside's administration costs. Woodside has applied to the UK Financial Conduct Authority and the LSE to [...]
As previously announced, on October 8, 2024, Tellurian Inc. completed its merger pursuant to the Agreement and Plan of Merger , dated July 21, 2024, by and among the Tellurian, Woodside Energy Holdings LLC, a Delaware limited liability company , and Woodside Energy Inc., a Delaware corporation and wholly owned subsidiary of Parent . Pursuant to the Merger Agreement, Merger Sub merged with and into Tellurian , with [...]
Woodside has completed the acquisition of Tellurian Inc. and its US Gulf Coast Driftwood LNG development opportunity. Woodside has acquired all issued and outstanding Tellurian common stock for approximately $900 million cash, or $1.00 per share. The implied enterprise value is approximately $1,200 million.1 Woodside is pleased to also announce it has renamed the Driftwood LNG development opportunity Woodside Louisiana [...]
Woodside has completed the acquisition of 100% of OCI Clean Ammonia Holding B.V., which holds its lower carbon ammonia project in Texas , from OCI N.V. .1 The completion follows Woodside's announcement on 5 August 2024 that it had entered into an agreement to acquire OCI's 1.1 Mtpa Clean Ammonia Project. Following start up of carbon capture and sequestration, the Project will generate ammonia with less than 35% the [...]
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