Woodside Energy to delist from the London Stock Exchange

LONDON: Woodside Energy has reviewed its current listing structure and decided to delist from the London Stock Exchange (LSE). Woodside shares represented by depositary interests account for approximately 1% of Woodside’s issued share capital. Trading volumes of Woodside shares on the LSE are low and delisting from the LSE will reduce Woodside’s administration costs. Woodside…

Woodside Energy to acquire OCI Clean Ammonia Holding for $2.35 billion

SYDNEY: Woodside Energy has entered into a binding agreement to acquire 100% of OCI Clean Ammonia Holding B.V., and its lower carbon ammonia project in Beaumont, Texas (Project) for an all-cash consideration of approximately $2,350 million. The Project is under construction and targets production of first ammonia from 2025 and lower carbon ammonia from 2026.…

Woodside Energy to Tellurian Inc along with Driftwood LNG for $900 million

SYDNEY: Woodside Energy has entered into a definitive agreement to acquire all issued and outstanding common stock of Tellurian (NYSE: TELL) including its owned and operated US Gulf Coast Driftwood LNG development opportunity. The consideration for the transaction is an all-cash payment of approximately $900 million, or $1.00per share of outstanding Tellurian common stock. The…

Woodside Energy leads transformation in Energy Sector: CEO Meg O’Neill

LONDON: In a year marked by both triumph and tragedy, Woodside Energy has emerged as a leader in the energy sector’s transformation. CEO and Managing Director Meg O’Neill reflected on the company’s journey through 2023, a year of record production and strategic advancements, but also a year marred by the loss of a colleague at…

Woodside Energy to sell 15.1% Scarborough interest to JERA for $1.4 billion

LONDON, UK: Woodside Energy has broadened its strategic relationship with JERA through a transaction that involves three core elements: equity in the Scarborough Joint Venture; LNG offtake; and collaboration on opportunities in new energy and lower carbon services, a company announcement noted. Woodside has executed a binding sale and purchase agreement with JERA for the…

Woodside Energy signs 20-year LNG supply agreement with Mexico Pacific

SYDNEY, AUSTRALIA: Woodside Energy Group has signed a sales and purchase agreement (SPA) with Mexico Pacific Limited (Mexico Pacific) to purchase 1.3 million tonnes per annum (Mtpa), equivalent to approximately 18 cargoes per year, of liquefied natural gas (LNG) for 20 years. LNG is expected to play a critical role in the energy transition and…