Woodside Energy achieved record annual production of 198.8 million barrels of oil equivalent in 2025, surpassing guidance. Operational performance was strong, with high reliability across offshore and LNG assets. Despite lower prices, the company ended the year with solid cash generation and liquidity of $9.3 billion.

Woodside continues to progress key projects, with Scarborough LNG 94% complete and on budget for first LNG in 2026. The Louisiana LNG project is 22% complete, targeting first LNG in 2029. The company is also venturing into new-energy projects like the Beaumont New Ammonia project in Texas.

Commercially, Woodside secured long-term LNG supply agreements with SK Gas International, BOTA?, and JERA, enhancing portfolio diversification. Looking ahead, the company anticipates 2026 production of 172–186 MMboe and increased capital expenditure to support growth projects like Scarborough, Louisiana LNG, and Trion.

Woodside is navigating a leadership transition following CEO Meg O’Neill’s resignation, with Liz Westcott appointed acting CEO. The company enters 2026 with strong production records, significant LNG growth prospects, and a diversified portfolio spanning oil, gas, LNG, and low-carbon fuels.

Read more at Yahoo Finance: Woodside Delivers Record Output in 2025 Despite Softer Fourth Quarter