Woodside News

 

Woodside and Trinidad Agree Commercial Terms for Calypso Gas Discoveries

Feb 12, 2025

The government of Trinidad and Tobago and Woodside Energy have reached an initial agreement on the commercial terms for developing the company's Calypso deepwater gas discoveries, moving the project one step closer to a final investment decision, according to a Woodside executive and three people with knowledge of the talks.The Caribbean country, Latin America's largest exporter of liquefied natural gas (LNG)…

Woodside, Aramco Team Up to Explore LNG and Low-Carbon Ammonia

May 14, 2025

Woodside Energy has signed a non-binding collaboration agreement with Aramco to explore potential global opportunities, including Aramco’s equity investment in and LNG offtake from Woodside’s Louisiana LNG project.The agreement also covers possible cooperation in lower-carbon ammonia…

Woodside Greenlights $17.5B Louisiana LNG Project in US

Apr 29, 2025

Woodside has made a final investment decision to develop the three-train, 16.5 million tonne per annum (Mtpa) Louisiana LNG project, targeting the first LNG in 2029.Development of Louisiana LNG will position Woodside as a global LNG powerhouse…

Woodside's First-Quarter Revenue Beats Expectations

Apr 22, 2025

Shares of Australia's Woodside Energy were up nearly 4% on Wednesday after the gas producer posted first-quarter revenue above estimates.Perth-based Woodside reported revenue of $3.32 billion for the quarter ended March 31, beating a Visible Alpha consensus estimate of $2…

Woodside Signs LNG Supply Deal with Germany’s Uniper

Apr 17, 2025

Australian gas producer Woodside Energy has signed LNG sale and purchase agreements with German-based Uniper for the supply of gas from its global portfolio.Under the agreement, Woodside will supply 1.0 million tonnes per annum (Mtpa) from Louisiana LNG and up to 1…

Woodside Sells Louisiana LNG Stake to Stonepeak for $5.7B

Apr 07, 2025

Woodside Energy Australia’s top gas producer, said on Monday it agreed to sell a 40% stake in its Louisiana liquefied natural gas plant to U.S. infrastructure investor Stonepeak for $5.7 billion.The deal reduces Woodside's capital spending needs…

Woodside’s FID for Louisiana LNG Plant Up for Potential Delay

Mar 11, 2025

Australia's Woodside may push a final investment decision on its Louisiana liquefied natural gas (LNG) plant into the second quarter of 2025 as talks to sell half of the project drag on, CEO Meg O'Neill told Reuters on Monday.Woodside wants to sell as much as 50% of the project…

Woodside’s Trion FPU Enters Construction Phase

Nov 14, 2024

Woodside Energy has passed a major milestone for its operated Trion development offshore Mexico with the start of steel fabrication for the semi-submersible floating production unit (FPU).The first cutting of steel for the Trion FPU was marked…

Woodside Takes Over and Renames Driftwood LNG Development

Oct 08, 2024

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 $1.00 per share to bring the value of the transaction to approximately $1…

Woodside and JERA Ink Long-Term LNG Supply Agreement

Sep 18, 2024

Australia’s Woodside has signed a sale and purchase agreement (SPA) with Japan’s JERA for the long-term supply of liquefied natural gas (LNG) to Japan.Under the SPA, Woodside will supply approximately 0.4 million tonnes (six cargoes) of LNG per year over 10 years on a delivered basis…

Woodside and Taiwan’s CPC Ink Long-Term LNG Supply Deal

Jul 11, 2024

Australian oil and gas giant Woodside has signed a sale and purchase agreement (SPA) with CPC Corporation for the long-term supply of liquefied natural gas (LNG) to Taiwan.Under the SPA, Woodside will supply approximately 6 million tonnes of LNG on a delivered basis over 10 years…

Woodside Establishes New Leadership Structure

Jun 20, 2024

Woodside has revised its leadership structure to deliver the next phase of the company’s strategy to thrive through the energy transition.The revised structure, which will take effect from August 1, 2024, aggregates and elevates core business activities into a simplified operating model…

Woodside Gets $1B Loan to Fund Scarborough Gas Project

May 30, 2024

Australian oil and gas giant Woodside has signed a $1 billion loan agreement with the Japan Bank for International Cooperation (JBIC) to support the development of Scarborough gas project offshore Australia.The loan agreement further strengthens Woodside’s balance sheet…

Woodside Cancels Sale and Retains Ownership of Macedon and Pyrenees Assets

Apr 11, 2024

Australia’s top oil and gas company Woodside has decided to retain its current ownership in the Macedon and Greater Pyrenees assets, after considering the divestment of its interest in the fields offshore Western Australia.Woodside started a…

Woodside Completes Sale of its Scarborough Interest

Mar 25, 2024

Woodside has completed the sale of a 10% non-operating participating interest in the Scarborough Joint Venture to LJ Scarborough (LNG Japan).The completion follows Woodside’s announcement last year that it had established a strategic relationship…

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