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Woodside Energy Drives Record 2024 Production Amid Strategic Portfolio Shift
8:59am on Wednesday 22nd of January, 2025 AEDT
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Energy
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Woodside Energy Drives Record 2024 Production Amid Strategic Portfolio Shift
8:59am on Wednesday 22nd of January, 2025 AEDT
Key Points
Record full-year production of 194 million barrels of oil equivalent (MMboe) driven by Sangomar
Scarborough Energy project 78% complete, on track for first LNG cargo in 2026
Asset swap with Chevron simplifies Australian portfolio, boosting North West Shelf stake to 50%
Quarterly revenue declined 6% due to seasonal demand and unplanned Pluto shutdown
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