Woodside and Williams Forge $378M Alliance to Power Louisiana LNG

• Woodside sells 10% of Louisiana LNG LLC and 80% of Driftwood Pipeline LLC to Williams
• Williams invests $250 million upfront and commits to $1.9 billion capital expenditure
• Williams assumes 10% LNG offtake obligations and operational control of Line 200 pipeline
• Woodside’s Louisiana LNG project capex reduced to $9.9 billion from $11.8 billion