Woodside Energy

Meet Karratha Signs, one of 75 local Karratha businesses who have been engaged to work on our Scarborough Energy Project. Jed and Suzy started Karratha Signs in 1999 in the third bedroom of their home, they have since grown to be an award-winning enterprise that operates from premises in Karratha and Port Hedland. Karratha Signs provides an array of site entry, safety, and wayfinding signage for our Pluto Train 2 Project, ensuring the best possible standards that are suited to the Pilbara. The Scarborough Energy Project will provide a boost to the WA economy and communities, growing jobs and bringing work through the supply chain. Supporting local businesses is just one way that the Scarborough Energy Project is good for WA. Click here to read Karratha Signs’ story in our most recent edition of Let's Talk: http://spr.ly/6040iUn7M

Woodside’s General Manager Climate and Decarbonisation, Yvette Manolas, recently sat down with Bernadette Cullinane from Deloitte to share her unique insights and experience in tackling new and unusual problems in the #energy industry. In the latest episode of the ‘Women Transforming Energy & Resources’ podcast, Yvette discusses how leadership roles in energy have changed, ways we can encourage more women to be engaged in the industry and the many potential pathways for the world on the journey to net zero. You can listen to the podcast here: http://spr.ly/6045cBOs9

Delivering on our growth strategy. Quarterly production was 44.4 million barrels of oil equivalent (MMboe) and we remain on track to achieve full year production guidance of 185-195 MMboe. A significant milestone was marked in June when our major project in Sangomar achieved first oil. “The first oil from our Sangomar project offshore Senegal was a significant milestone, delivering against our growth strategy. Subsequent to the quarter, we achieved peak gross rate of 75,000 barrels per day and production ramp-up continues as planned. The addition of Sangomar to Woodside’s portfolio will deliver enduring shareholder value and significant economic benefits for Senegal, “ said Woodside CEO Meg O’Neill. Work on other major growth projects continued with the Scarborough Energy Project now more than two-thirds complete and on target for first LNG cargo in 2026. And subsequent to Q2, we entered into a definitive agreement to acquire Tellurian and its US Gulf Coast Driftwood LNG development. This acquisition positions Woodside to become a global LNG powerhouse and fits strongly with our strategy to thrive through the energy transition. To read the full results visit our website: http://spr.ly/6040c6qTi

Today, Woodside Energy announced the signing of an agreement to acquire Tellurian Inc. and its US Gulf Coast Driftwood LNG project for ~$900 million. The acquisition significantly expands our US presence and creates one of the world’s leading independent LNG companies – committed to delivering the affordable, reliable and lower-carbon energy our customers need for the energy transition. You can read the full announcement here: http://spr.ly/6041i2dCx

Woodside is pleased to announce that we’ve signed a Memorandum of Understanding with Universidad Autonoma de Tamaulipas, which aims to expand our collaboration in the development of research, training and technology projects, and social investment opportunities. MVZ Dámaso Anaya, Dean of UAT, joined Stephane Drouaud, Woodside’s Vice President of Trion, for the signing ceremony, which was held at the official residence of H.E. Rachel Moseley, Australian Ambassador to Mexico. We were happy to welcome Mr. Agustín Díaz Lastra, Commissioner President of the Comisión Nacional de Hidrocarburos; Ing. Ángel Carrizales López, Executive Director of Agencia de Seguridad, Energía y Ambiente ASEA; Biólogo José Ramón Silva Arizabalo, Secretary of Energy Development of Tamaulipas; and elected Senator of Tamaulipas Olga Sosa as our witnesses of honour. In our business, we know that collaboration is key, and we look forward to partnering with UAT and others as we work to successfully deliver Trion.

To mark our 70th anniversary as a proud Australian company, Woodside Energy has partnered with Sky News Australia to produce a special television documentary, ‘Real Energy: 70 Years of Woodside’. Tune in to Sky News Australia from 3.30pm AWST this Sunday, 21 July 2024 to watch and enjoy the full documentary.

Woodside welcomes today’s statement from Australian Industry Group (Ai Group) and others which acknowledges that the Australian Energy Market Operator’s Integrated System Plan (ISP) “is the best roadmap we have for the National Electricity Market.” The ISP “confirms that renewable energy connected with transmission and distribution, firmed with storage, and backed up by gas-powered generation is the lowest-cost way to supply electricity to homes and businesses as Australia transitions to a net zero economy.” Like Ai Group, Woodside believes Australia needs a “certain, credible and consistent policy framework” for our energy systems. We remain ready to work with governments, industry and communities to urgently implement policy settings that will ensure all Australians have access to reliable supplies of gas and energy. You can read the statement from Ai Group here >> http://spr.ly/6040icSPE

Last week, Vice President New Energy APAC Menno Weustink joined fellow industry peers on a panel discussion at the Connecting Green Hydrogen Conference in Melbourne. During the session, Menno shared his views on a range of topics, including the importance of collaboration as the energy transition unfolds: “As an energy supplier, we are just one piece of the puzzle. We need to collaborate with customers, government and other stakeholders to progress a lower carbon energy industry, from production to end use, in a coordinated and appropriate timeline.” Read more here: http://spr.ly/6045ip4QP

Energy is crucial for our day-to-day lives. The Next Generation School Program aims to educate our next generation of leaders on the importance, benefits and impacts of energy in schools across Western Australia. The Program currently has more than 1,600 students from 29 schools participating. Due to its take-up, it has recently been extended to 12 regional schools including Karratha, Dongara, Jurien Bay, Busselton, Geraldton, Morawa and Northam. This innovative program is sponsored by Woodside Energy and implemented by the Energy Club WA and allows Year 8 - 10 students to learn firsthand about the energy industry in a fun and interactive manner. Included in the program are four scheduled mentor visits to each school, an end-of-year student expo and a fifth optional visit where students are given the opportunity to play Woodside’s Energy Transition Game. The game, played in the classroom, demonstrates the complexities of providing energy to the world and the challenges in transitioning to a low carbon energy market. To learn more, visit http://spr.ly/6049iprjl.

Houston is home to many of our Woodside team and we’re proud to be part of this community. Our hearts go out to those who are impacted by Hurricane Beryl and Houstonians are standing together in the recovery. We’re contributing $100,000 to Houston Food Bank to support relief efforts after the storm. Houston Food Bank does incredible work and has already distributed more than 2 million pounds of disaster-related items since Hurricane Beryl’s landfall. Find out how you can help. http://spr.ly/6044iwCpM