Wednesday, 28 February, 2024 - 10:05
Woodside secures Korean LNG offtake
Woodside Energy has signed its first long-term supply deal into South Korea, securing an agreement with Korea Gas Corporation for output from its global operations.
Meg O’Neill joined Woodside in May 2018 as chief operations officer before becoming executive vice president of development in October 2019, executive vice president of the newly merged marketing and developments divisions in August 2020, and acting chief executive in April 2021. Ms O'Neill was formally appointed chief executive and managing director in August 2021.
Prior to Woodside, she was vice president of Africa with ExxonMobil Development, vice president of Asia Pacific for ExxonMobil Production, managing director of ExxonMobil and Esso in Norway, and president of ExxonMobil Canada.
Rank | Company | 1 Yr | 5 Yr |
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1052nd | Lindsay Australia">Lindsay Australia | -15.16% | 26.98% |
1053rd | Straker Translations">Straker Translations | -15.19% | -20.5% |
1054th | Woodside Energy">Woodside Energy | -15.26% | -0.06% |
1055th | Viking Mines">Viking Mines | -15.42% | 4.96% |
1056th | One Click Group">One Click Group | -15.52% | 29.66% |
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Woodside Energy has signed its first long-term supply deal into South Korea, securing an agreement with Korea Gas Corporation for output from its global operations.
Woodside Energy says offtake interest in its planned hydrogen projects has been slower than expected, as it pushes its case for government tax credits on proposed US production.
Woodside Energy has completed its sale of a 10 per cent interest in the Scarborough LNG project to Japanese interests, as the project’s development continues.
Plenty has shifted in Business News’ annual look at WA’s 50 most influential figures, with changes starting at the top of the list.
Premier Roger Cook has labelled the actions of protestors at this week’s Woodside Energy AGM despicable and threatening and says police should take them seriously.
WA Environment Minister Reece Whitby has challenged a room of gas industry delegates to avoid going the way of “the dinosaurs and Kodak” while warning against climate “lip service”.
Woodside Energy chief executive Meg O’Neill has hit out at the Greens for their role in delaying approvals consultation reform which would deliver clarity to the oil and gas industry.
Woodside Energy has achieved first oil at its Sangomar field in Senegal, an offshore project with an estimated cost of up to $US 5.2 billion or $A7.9 billion.
Woodside Energy’s Perth-based head of new energy initiatives, Shaun Gregory, will step into an advisory role after a C-suite shake up at the LNG producer.
Woodside has signed a deal with CPC Corporation over the supply of liquefied natural gas to Taiwan, the first time the company will deliver to the country.
Woodside Energy will make a $1.8 billion move to acquire the Driftwood LNG development opportunity in the US, as it sets its sights on opportunities beyond the Australian gas market.
Woodside Energy's Scarborough project is now two-thirds complete and on track for first production in 2026 at a cost $750 million more than previously thought.
Woodside has bought the company behind a US ammonia project for US$2.35 billion as part of efforts to meet the energy giant’s greenhouse gas emission abatement targets.
Woodside Energy chief executive Meg O’Neill has backed in the company’s approach to new energy at a lunch event today, days after the company’s $US2.35 billion Texas ammonia buy.
Woodside Energy has dodged a potential challenge to its environmental approvals at the Scarborough gas project, as it scales up towards a 2026 production date.
Woodside Energy’s underlying net profit slipped 14 per cent in the first half of 2024 to $2.36 billion, as lower prices for its oil and gas products weighed heavily.
The number of women running ASX300 companies has stagnated in the past year with a survey also showing multiple WA companies have no women in their executive leadership group.
Japanese power giant JERA has committed to buy liquefied natural gas from Woodside over a decade, beginning in April 2026.
Senior Woodside Energy management officials are making their way to the Beaumont clean ammonia site in Texas, after confirming a construction contractor employee had been killed.
Woodside Energy says it will seek to link up with Japanese companies looking to develop methane detection and quantification technology, under a non-binding deal struck this week.
Oil and gas major Woodside Energy has completed its $1.3 billion acquisition of the Driftwood LNG development on the US Gulf Coast.
Woodside Energy says it is in talks with Western Australian industrial users to supply additional gas into the local market through to 2027, off a strong performance in the September quarter.
Woodside has inked an early-stage deal to supply liquid hydrogen from its proposed facilities, including H2Perth, to a Singaporean company to power its data centres.
Business Council of Australia has announced Woodside chief executive Meg O'Neill as the newest addition to its board, joining Wesfarmers managing director and chief Rob Scott.
Our weekly appointments wrap includes Chris Paull, Jo Monery, David Andrew, Charmaine Lamprecht, Nicola Spicer, Meg O'Neill, Tanya Rybarczyk and Bep Uink.
Economic challenges have dominated discussion in a hydrogen sector where driving ideology and market need are yet to align.
Shareholder returns were not always reflected in the scale and growth of public-listed executive pay packets last financial year.
Woodside has revised its engineering, procurement and construction contract with Bechtel to develop the first three trains at its Louisiana LNG project in the United States.
Woodside Energy’s partnership with the Fremantle Dockers has been extended until the end of 2027, building on a 15-year relationship between the two organisations.
Woodside’s $50 million commitment under the WA government’s Resources Community Investment Initiative will go towards upgrades of Roebourne high school and the Perth Concert Hall.
Woodside Energy delivered record production last year and remains on track to deliver gas from Scarborough next year, but uncertainty clouds two US-based energy projects.
Woodside Energy boss Meg O’Neill has warned the company’s Australian roots are not a guarantee of future domestic investment, in a speech to the Melbourne Mining Club today.
Activists who tried to graffiti Woodside Energy boss Meg O’Neill's house, in protest of the Burrup Hub development, have avoided jail but were fined a total of $6,500.
Woodside Energy has warned of flow on effects from the battle for approvals extending the life of its North West Shelf plant, after regulators pushed out the deadline for a decision.
The fourth activist involved in the protest outside Woodside Energy boss Meg O’Neill’s home has avoided jail but has been fined thousands of dollars.
Woodside Energy boss Meg O’Neill issued a warning to regulators holding up progress on the North West Shelf joint venture, while handing down a $5.6 billion full-year net profit.
Some of Australia’s largest gas producers have warned they may invest elsewhere in light of ongoing delays in project approvals and social licence challenges.
Further delays to extend the life of the North West Shelf project off WA’s coast have been pinned on the looming federal election, with Woodside labelling the move “extremely disappointing”.
Woodside Energy has taken another small step toward simplifying its portfolio by selling its mature Greater Angostura assets in Trinidad and Tobago for $206 million.
The future of one of Woodside's US assets remained uncertain, with boss Meg O’Neill saying the company continues to review the project amid challenges in attracting customers.
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