Woodside delivers $1.3bn profit, advances LNG projects

Woodside Energy reported net profit exceeding $1.3 billion and an interim dividend of $0.53 per share. Production reached 99.2 million barrels of oil equivalent with unit costs down 7%.

The company approved final investment decision for Louisiana LNG, now 22% complete targeting 2029 first LNG. Scarborough Energy Project is 86% complete, aiming for late 2026.