Woodside Energy Group Ltd has announced its 2023 corporate plan, projecting a capital expenditure of US$6.0 - 6.5 billion. Key production guidance estimates range from 180 - 190 million barrels of oil equivalent (MMboe), driven by developments in the Sangomar and Mad Dog projects. Approximately 20-25% of LNG produced will be linked to gas hub indices. Woodside will hold an Investor Briefing Day on December 1, 2022, detailing its strategy and value proposition.
Woodside Energy Group Ltd announces the resignation of Executive Vice President for Australian Operations, Fiona Hick, who is leaving to pursue another opportunity within the ASX. Her contributions during her 22-year tenure, particularly in leading safe and low-carbon operations amidst market disruptions, are acknowledged by CEO Meg O'Neill. The search for Hick's successor is currently underway, which signals a transitional phase for the company.
Woodside Energy Group Ltd (ASX:WDS, NYSE:WDS, LSE:WDS) reported a record production of 51.2 MMboe for Q3 2022, a 52% increase from Q2 2022. Sales volume surged 59% to 57.1 MMboe, yielding a revenue of $5,858 million, representing a 70% rise. The production guidance for the year has been upgraded to 153 - 157 MMboe. Key projects, including Scarborough and Pluto Train 2, are progressing well with 21% completion. Long-term agreements to supply LNG to Europe were also signed, enhancing market positioning.
Woodside Energy Group Ltd announced a change in its additional Company Secretary on October 20, 2022. Mr. Andrew Cox will no longer serve in this role but will continue as Vice President Legal & Group General Counsel. The Board has appointed Ms. Lucy Bowman as the new additional Company Secretary effective the same date. This management change aims to enhance corporate governance and streamline company operations.