LNG

Woodside Energy, the liquefied natural gas plants operator in Western Australia, reported a second-quarter increase in LNG sales revenues from the Pluto, Northwest Shelf and Wheatstone operations even at lower prices.

Western Australian LNG operator Woodside reported a plunge in annual earnings of 74 percent as it focused on its next phase of growth in the Scarborough Gas project, Sangomar oil offshore Senegal and on the Trion venture in the Gulf of Mexico.

Woodside Energy, the operator of the Northwest Shelf and Pluto LNG plants in Western Australia, has received a boost for one of its main overseas ventures, the Sangomar project offshore Senegal in West Africa, with the sail-away from Singapore of the “Léopold Sédar Senghor” floating production storage and offloading (FPSO) facility.

Woodside Energy, the operator of the North West Shelf and Pluto liquefied natural gas LNG plants in Western Australia, reported a plunge in third-quarter revenues as LNG prices dropped from the record levels of last year though increased by 6 percent from the previous three months of 2023 as Woodside also suffered a regulatory setback on the Scarborough gas project.

Woodside Petroleum, the operator of the North West Shelf plant and Pluto LNG in Western Australia, reported full-year net profits of US$1.98 billion versus a loss of US$4.28Bln in the previous year and two major liquefaction plant maintenance turnaround are scheduled for 2022.