Woodside Energy Group Ltd (NYSE:WDS) emerged as a top player in the US government’s recent drilling rights sale for the Gulf of Mexico, securing a strong position alongside oil giants Chevron and BP. The auction generated $279 million in high bids, with Woodside Energy Group Ltd (NYSE:WDS) contributing $38 million.

In addition to its success in the bidding process, Woodside Energy Group Ltd (NYSE:WDS) announced the extraction of over 50 million barrels of oil from its Sangomar oilfield in offshore Senegal. This represents 8% of the total estimated resources at the field, showcasing the company’s continued operational achievements.

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Read more at Yahoo Finance: Woodside Energy (WDS) Secures Strong Position In Bidding