Welcome to our dedicated page for Woodside news (Ticker: WDS), a resource for investors and traders seeking the latest updates and insights on Woodside stock.
Woodside Energy Group Limited (WDS) generates a steady flow of market-sensitive news as a global crude petroleum and natural gas producer with a strong focus on liquefied natural gas (LNG). This news page aggregates company announcements, operational updates and project milestones drawn from Woodside’s public disclosures and ASX releases furnished on Form 6-K.
Readers can follow updates on Woodside’s major projects, including the Scarborough Energy Project in Western Australia, the Trion offshore oil and gas development in Mexico, the Louisiana LNG Project near Lake Charles, and the Beaumont New Ammonia Project. Company reports regularly highlight quarterly and half-year production, project completion percentages, LNG reliability metrics and portfolio changes such as asset divestments and infrastructure partnerships.
News items also cover strategic transactions and agreements, such as sell-downs of project interests to partners like Stonepeak and Williams, long-term LNG sale and purchase agreements with counterparties including PETRONAS and Uniper, and gas supply arrangements with bp for Louisiana LNG. Governance and corporate developments appear in announcements on CEO succession, capital markets days, sustainability focus sessions and annual general meetings.
In addition, Woodside releases information on sustainability and community initiatives, such as climate-related targets and donations to organisations like the Mexican Red Cross in areas where it is progressing projects. Investors and followers of WDS can use this news feed to monitor how Woodside reports on its operations, project execution, capital management and approach to the energy transition. For ongoing research, bookmarking this page provides a single place to review Woodside’s latest reported developments and historical announcements.
Woodside Energy (NYSE:WDS) released its Q2 2025 report highlighting strong operational performance and strategic growth initiatives. The company achieved quarterly production of 50.1 MMboe (550 Mboe/d), up 2% from Q1 2025, and updated its full-year production guidance to 188-195 MMboe.
Key highlights include the final investment decision for the Louisiana LNG Project, with a successful 40% stake sale to Stonepeak for $5.7 billion. The Scarborough Energy Project is 86% complete, targeting first LNG cargo in H2 2026, while the Trion Project is 35% complete, aiming for first oil in 2028. The company issued $3.5 billion in senior unsecured bonds and maintained strong liquidity of approximately $8.4 billion.
Sangomar field demonstrated exceptional performance with 101 Mbbl/d production and nearly 100% reliability. The company also reduced its full-year unit production cost guidance to $8.0-$8.5 per boe following strong H1 2025 performance.
[ "Quarterly production increased 2% to 50.1 MMboe with strong operational performance", "Successful 40% stake sale in Louisiana LNG Infrastructure to Stonepeak for $5.7 billion", "Sangomar field achieved exceptional production of 101 Mbbl/d with 99.6% reliability", "Reduced full-year unit production cost guidance to $8.0-$8.5 per boe", "Strong liquidity position of $8.4 billion at quarter end", "Successfully issued $3.5 billion in oversubscribed senior unsecured bonds", "Realized 14% premium on LNG sales linked to gas hub indices compared to oil-linked pricing" ]Woodside (NYSE:WDS) has completed the sale of a 40% stake in Louisiana LNG Infrastructure LLC to Stonepeak for approximately US$5.7 billion. The transaction includes an accelerated capital contribution structure where Stonepeak will fund 75% of project capital expenditure in both 2025 and 2026.
The deal includes a closing payment of US$1.9 billion to Woodside, reflecting Stonepeak's share of capex funding since January 1, 2025. The partnership aims to enhance Louisiana LNG project economics and strengthen Woodside's capacity for shareholder returns ahead of the Scarborough Energy Project's first cargo in H2 2026.
Woodside has secured a significant natural gas supply agreement with bp for its Louisiana LNG project. This marks the first part of a diversified feedgas portfolio that will support the project's operations.
The agreement, executed through Louisiana LNG Gas Management, commits to purchasing up to 640 billion cubic feet of gas from bp, with delivery starting in 2029 via Line 200. The project benefits from extensive connectivity to multiple producing basins and interconnecting pipelines.
CEO Meg O'Neill highlighted the project's potential for significant cash generation and long-term shareholder value. The partnership leverages bp's expertise with MiQ certificates to access low methane intensity molecules, aligning with Woodside's commitment to the UN Environment Programme's OGMP 2.0 initiative.
Woodside Energy (WDS) reported Q1 2025 results with quarterly revenue of $3,315 million, down 5% from Q4 2024 but up 13% year-over-year. Production reached 49.1 MMboe (546 Mboe/day), showing a 4% decrease from Q4 2024 due to weather impacts and outages, but increased 9% from Q1 2024.
The Sangomar field demonstrated exceptional performance with 78 Mbbl/day production at 97.6% reliability. Major projects remain on track: Beaumont New Ammonia Project (90% complete), Scarborough Energy Project (82% complete), and Trion Project (26% complete).
Strategic developments include the sale of a 40% interest in Louisiana LNG Infrastructure to Stonepeak, new LNG supply agreements with Uniper for up to 2 million tonnes annually, and the divestment of Greater Angostura assets for $206 million.
Woodside (WDS) has signed significant LNG supply agreements with Uniper, encompassing two key components: 1.0 million tonnes per annum (Mtpa) from Louisiana LNG and up to 1.0 Mtpa from Woodside's global portfolio. The agreements span up to thirteen years from Louisiana LNG's commercial operations date, with the portfolio supply extending until 2039.
The deal marks a important step toward the final investment decision for the Louisiana LNG project, Woodside's largest growth initiative. The project involves a three-train 16.5 Mtpa foundation development, strengthening Woodside's position in both Atlantic and Pacific basins. The arrangement will enhance Europe's energy security, particularly supporting Uniper's flexible generation strategy and potential gas-fired power plant developments in Germany.
Woodside Energy (WDS) has confirmed it is in discussions with Uniper regarding potential LNG supply arrangements. The company emphasized that these discussions are currently ongoing and incomplete, with no final agreement reached on terms. Woodside stated it will continue to provide market updates in accordance with its continuous disclosure obligations.
Woodside (WDS) has entered into a binding agreement with Stonepeak to sell a 40% interest in Louisiana LNG Infrastructure Stonepeak will contribute $5.7 billion towards the development of the three-train 16.5 million tonnes per annum foundation project, with accelerated capital expenditure representing 75% of total expected costs in 2025 and 2026.
The partnership significantly reduces Woodside's capital expenditure profile and marks a important step towards final investment decision. The estimated forward cost for the foundation development remains at $900-960/tonne. The transaction's effective date is January 1, 2025, with closing targeted in Q2 2025, subject to conditions including FID and regulatory approvals.
Woodside maintains 60% ownership through Louisiana LNG (HoldCo) and will continue discussions with additional potential partners, targeting a total equity sell-down of around 50% in the integrated project.
Stonepeak has agreed to acquire a 40% interest in Louisiana LNG Infrastructure, a liquefied natural gas production and export terminal owned by Woodside Energy Group (ASX: WDS, NYSE: WDS). The project, located in Calcasieu Parish, Louisiana, has a total permitted capacity of 27.6 million tonnes per annum.
The facility is approaching final investment decision (FID) for its foundation development, with construction already underway and front-end engineering design completed. Bechtel serves as the engineering, procurement, and construction contractor, while Woodside will continue to operate the facility post-transaction.
The transaction is anticipated to close in Q2 2025, subject to FID approval and other regulatory requirements. The deal resulted from a competitive process and will significantly reduce Woodside's capital expenditure for the project.
SLB (NYSE: SLB) has secured a major drilling contract from Woodside Energy (NYSE: WDS) for the ultra-deepwater Trion development project in Mexico. The contract encompasses the delivery of 18 ultra-deepwater wells over three years, utilizing AI-enabled drilling capabilities.
The comprehensive scope includes digital directional drilling services, logging while drilling (LWD), surface logging, cementing, drilling and completions fluids, completions, and wireline services. The project will operate in challenging water depths up to 2,500 meters.
Services will commence in early 2026, managed through SLB's Performance Live™ digital service delivery centers. This follows a previous major contract awarded to SLB OneSubsea™ joint venture in 2023 for subsea equipment. The Trion field, being developed by Woodside in partnership with Pemex, targets first production in 2028.