Business
Woodside Energy Releases Fourth Quarter Report for Period Ended 31 December 2025
PERTH, Australia, January 28, 2026--Woodside Energy Group (ASX: WDS) (NYSE: WDS):
About this update from Woodside Energy Group Ltd
[{"type":"text","content":"Strong performance underpins a year of record production","length":56,"tagName":"p"},{"type":"text","content":"Performance highlights","length":22,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Delivered record full-year production of 198.8 MMboe (545 Mboe/d), exceeding 2025 production guidance.","length":102,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Quarterly production of 48.9 MMboe (531 Mboe/d), down 4% from Q3 2025, driven by seasonal weather impacts and lower Australian east-coast demand.","length":145,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Delivered strong oil asset performance with 99.2% reliability at Sangomar and 98% reliability at Shenzi.","length":104,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Achieved a second consecutive quarter of 100% reliability at Pluto LNG and 99.8% reliability at the North West Shelf Project.","length":125,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Achieved an average realised quarterly price of $57/boe, down 5% from Q3 2025 reflecting lower oil-linked and gas pricing.","length":122,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":598,"olType":false},{"type":"text","content":"Project highlights","length":18,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"The Scarborough Energy Project was 94% complete, and is on budget and on track for first LNG in Q4 2026. The Scarborough Floating Production Unit (FPU) departed China and subsequent to the period arrived in Australia.","length":217,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The Beaumont New Ammonia Project achieved targeted first ammonia production in December.","length":88,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The Trion Project was 50% complete, and remains on target for first oil in 2028.","length":80,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The Louisiana LNG Project, comprising three trains, was 22% complete; Train 1 was 28% complete. The project is targeting first LNG in 2029.","length":139,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Approved the Greater Western Flank Phase 4 Project, a subsea tie-back investment to the existing North West Shelf Project.","length":122,"tagName":"p","attri...