Woodside Energy Group Ltd · ASX:WDS
Woodside Energy — Corporate Update (November 2024)
25 slides from Woodside Energy's corporate update, Nov 7, 2024
Slide 1: Announcement: 2024 Investor Site Visit - Australia
Woodside Energy Group Ltd ACN 004 898 962 Mia Yellagonga 11 Mount Street Perth WA 6000 Australia T +61 8 9348 4000 www.woodside.com ASX: WDS NYSE: WDS LSE: WDS Announcement Thursday, 7 November 2024 2024 INVESTOR SITE VISIT - AUSTRALIA Woodside is hosting an investor site visit at Pluto LNG which wi
Slide 2: Pluto LNG Site Visit Q&A
PLUTO LNG SITE VISIT Q&A 7 November 2024 www.woodside.com investor@woodside.com
Slide 3: Disclaimer, important notes and assumptions
Disclaimer, important notes and assumptions Information expenditures, the payment of future dividends and the amount thereof, future results of projects, operating activities, • This presentation has been prepared by Woodside Energy Group Ltd (“Woodside”). procurement or marketing activities, new en
Slide 4: Disclaimer, important notes and assumptions (continued)
Disclaimer, important notes and assumptions (continued) Climate strategy and emissions data Stock Exchange. As noted above, Woodside estimates and reports its Proved (1P) Reserves in accordance with the SEC • Woodside “greenhouse gas” or “emissions” information reported are net equity Scope 1 greenh
Slide 5: Agenda
Agenda 1 Opening remarks 2 Q&A 3 Close 4 4
Slide 6: Our strategy is to thrive through the energy transition
Our strategy is to thrive through the energy transition We aim to thrive through the energy transition with a low cost, Three goals drive Woodside’s strategic direction lower carbon, profitable, resilient and diversified portfolio Pr o f i t a b l e 1 Provide energy n r bo Re through a high-quality
Slide 7: Compelling investment thesis
Compelling investment thesis High quality Operational Shareholder value Positioned for the portfolio excellence and returns energy transition Geographically advantaged to 35 years of operating experience in Disciplined capital management Delivering on emissions reduction meet growing LNG demand LNG
Slide 8: Woodside's LNG expertise
Woodside’s LNG expertise Project track record Operational excellence Marketing capability Demonstrated capability in LNG plant 35 years of LNG operations Strong reputation as a reliable energy development supplier ~98% reliability across operated LNG Long-term relationships with key facilities1 Long
Slide 9: Competitively advantaged marketing portfolio
Competitively advantaged marketing portfolio Advantaged global Portfolio marketing Deep customer Long shipping supply strategy relationships position Proximity to demand hubs Portfolio seller enables flexibility Dedicated global marketing teams Seven LNG carriers on long-term and optimisation charte
Slide 10: World-class LNG operations
World-class LNG operations North West Shelf Project Pluto LNG Scarborough Energy Project Woodside equity 25-33.33% 90% 74.9% (upstream), 51% (downstream) First LNG cargo 1989 2012 Targeting 2026 EBITDA margin ~83% (HY 2024) ~87% (HY 2024) n/a Gross capacity 16.9 Mtpa 4.9 Mtpa 5.0 Mtpa + 3.0 Mtpa (Pl
Slide 11: Pluto LNG: sustained progress in efficiency and emissions
Pluto LNG: sustained progress in efficiency and emissions Operational excellence SCARBOROUGH 99.9% reliability in Q3 2024 FLOATING PRODUCTION UNIT (FPU) PLUTO PLATFORM Increased capacity of Pluto Train 1 by ~14% since FID ~433 km Scarborough FPU ~180 km Pluto Platform to Pluto LNG to Pluto LNG Inter
Slide 12: Scarborough Energy Project nearly three quarters complete
Scarborough Energy Project nearly three quarters complete On track for first LNG cargo in 2026 FPU topsides installation progressing well; pre-commissioning works underway FPU hull in second dry dock in preparation for topsides integration Trunkline installation completed in October Batch drilling o
Slide 13: Q&A
Vv Woodside Energy Q&A
Slide 14: Backup
Vv Woodside Energy BACKUP
Slide 15: Deploying technology across our portfolio
Deploying technology across our portfolio SAFE LOW COST MAXIMISE VALUE LOWER CARBON Autonomous Integrity management Digital strategies driving Protects base business inspections, crewless enabling older facilities increased production, and supports customer deployment reduces to operate at lower cos
Slide 16: Driving safer outcomes through drones and robotics
Driving safer outcomes through drones and robotics DRONES ROBOTICS ▪ Mitigate work over the side risk to ▪ Mitigate confined space entry risk ▪ Mitigate hazardous area inspections personnel ▪ Reduce duration of vessel inspection ▪ Reduce time for inspection by ~90% ▪ Reduce time in field by up to 40
Slide 17: Driving lower cost through applied technology
Driving lower cost through applied technology 3D PRINTING ONLINE MONITORING IoT SENSORS ▪ $12 million saving on obsolete subsea part ▪ Online humidity under insulation ▪ ~$600 wireless IoT sensors (versus purchase of new model) (versus stripping insulation and (versus ~$12,000 equivalent commercial
Slide 18: Head Office: Woodside Energy Group Ltd
Head Office: Woodside Energy Group Ltd Mia Yellagonga 11 Mount Street Perth WA 6000 Postal Address: GPO Box D188 Perth WA 6840 Australia T: +61 8 9348 4000 F: +61 8 9214 2777 E: companyinfo@woodside.com companyinfo@woodside.com Woodside Energy Group Ltd ABN 55 004 898 962 woodside.com
Slide 19: Pluto Decarbonisation
PLUTO DECARBONISATION 6 November 2024 www.woodside.com investor@woodside.com
Slide 20: Disclaimer, important notes and assumptions
Disclaimer, important notes and assumptions Information expenditures, the payment of future dividends and the amount thereof, future results of projects, operating activities, • This presentation has been prepared by Woodside Energy Group Ltd (“Woodside”). procurement or marketing activities, new en
Slide 21: Disclaimer, important notes and assumptions (continued)
Disclaimer, important notes and assumptions (continued) Climate strategy and emissions data Stock Exchange. As noted above, Woodside estimates and reports its Proved (1P) Reserves in accordance with the SEC • Woodside “greenhouse gas” or “emissions” information reported are net equity Scope 1 greenh
Slide 22: Progressing Pluto decarbonisation plan
Progressing Pluto decarbonisation plan Examples of Operate Out Example of Design Out Process efficiency improvement Methane emissions reduction Pluto Train 2 design inherently more efficient Flaring reduction Focus on operating facilities ‘design out’ ▪ High reliability operations ▪ Start-up optimis
Slide 23: Primary emissions sources at Pluto LNG
Primary emissions sources at Pluto LNG Compressor drives and power turbines are key contributors to the facility’s emissions 22
Slide 24: Assessing further 'design out' opportunities
Assessing further ‘design out’ opportunities Exploring large-scale decarbonisation solutions to inform Pluto net zero pathway Power generation Mechanical drives Reservoir CO2 H2 fuelling Carbon capture and storage Post combustion carbon capture Oxyfuel combustion Electrification (part/full) Lower ca
Slide 25: Head Office: Woodside Energy Group Ltd
Head Office: Woodside Energy Group Ltd Mia Yellagonga 11 Mount Street Perth WA 6000 Postal Address: GPO Box D188 Perth WA 6840 Australia T: +61 8 9348 4000 F: +61 8 9214 2777 E: companyinfo@woodside.com companyinfo@woodside.com Woodside Energy Group Ltd ABN 55 004 898 962 woodside.com
Woodside Energy Group — Corporate Update (November 2024) on 6ix