Woodside Energy Group Ltd · ASX:WDS
Woodside Energy — Corporate Update (November 2024)
24 slides from Woodside Energy's corporate update, Nov 7, 2024
Slide 1: Pluto LNG site visit Q&A
7 November 2024 www.woodside.com investor@woodside.com Pluto LNG site visit Q&A
Slide 2: Disclaimer, important notes and assumptions
Disclaimer, important notes and assumptions Information This presentation has been prepared by Woodside Energy Group Ltd (“Woodside”). All information included in this presentation, including any forward-looking statements, reflects Woodside’s views held as at the date of this presentation and, exce
Slide 3: Disclaimer, important notes and assumptions (continued)
Disclaimer, important notes and assumptions (continued) Climate strategy and emissions data Woodside “greenhouse gas” or “emissions” information reported are net equity Scope 1 greenhouse gas emissions, Scope 2 greenhouse gas emissions, and/or Scope 3 greenhouse gas emissions, unless otherwise state
Slide 4: Agenda
Close Q&A Opening remarks 1 2 3 Agenda
Slide 5: Our strategy is to thrive through the energy transition
For Woodside, a lower carbon portfolio is one from which the net equity Scope 1 and 2 greenhouse gas emissions, which includes the use of offsets, are being reduced towards targets, and into which new energy products and lower carbon services are planned to be introduced as a complement to existing
Slide 6: Compelling investment thesis
Targets and aspiration are for net equity Scope 1 and 2 greenhouse gas emissions relative to a starting base of 6.32 Mt CO2-e which is representative of the gross annual average equity Scope 1 and 2 greenhouse gas emissions over 2016-2020 and which may be adjusted (up or down) for potential equity c
Slide 7: Project track record and Woodside's LNG expertise
Project track record Demonstrated capability in LNG plant development Long-term relationships with key contractors Strong project management capabilities Operational excellence Marketing capability 35 years of LNG operations ~98% reliability across operated LNG facilities1 Proven ability to increase
Slide 8: Competitively advantaged marketing portfolio
Competitively advantaged marketing portfolio Advantaged global supply Long shipping position Seven LNG carriers on long-term charter and incoming new builds Positioned to capture upside cargoes Diversion capability through DES sales Commercial operations excellence Deep customer relationships Portfo
Slide 9: World-class LNG operations
All products. Includes 31 MMboe of fuel for North West Shelf Project, 20 MMboe of fuel for Pluto LNG and 165 MMboe of fuel for Scarborough Energy Project. NWS and Pluto are as of 31 December 2023 and Scarborough is as of 31 October 2024. Assumes 74.9% participating interest. As a result of the compl
Slide 10: Pluto LNG: sustained progress in efficiency and emissions
Pluto LNG: sustained progress in efficiency and emissions Conceptual image of Scarborough and Pluto Expansion Operational excellence 99.9% reliability in Q3 2024 Increased capacity of Pluto Train 1 by ~14% since FID Interconnector has delivered 30.4 MMboe from 2022 to October 2024, taking advantage
Slide 11: Scarborough Energy Project nearly three quarters complete
Scarborough Energy Project nearly three quarters complete Floating production unit topsides progress Note: percentage completeness for Scarborough Energy Project excludes Train 1 modifications. As of 4th November 2024. The sale of 10% non-operating participating interest in SJV to LNG Japan has the
Slide 12: eB og
eB og om “Eh 8
Slide 13: ase OS
@ 5 ase OS SR) 05 | = ==}
Slide 14: Deploying technology across our portfolio
Deploying technology across our portfolio SAFE LOW COST LOWER CARBON MAXIMISE VALUE Autonomous inspections, crewless deployment reduces high-risk exposure Integrity management enabling older facilities to operate at lower cost for longer Protects base business and supports customer requirements Digi
Slide 15: Driving safer outcomes through drones and robotics
Driving safer outcomes through drones and robotics DRONES Mitigate work over the side risk to personnel Reduce time in field by up to 40% Mitigate confined space entry risk Reduce duration of vessel inspection by up to 2 days ROBOTICS Mitigate hazardous area inspections Reduce time for inspection by
Slide 16: Driving lower cost through applied technology
Driving lower cost through applied technology 3D PRINTING IoT SENSORS ~$600 wireless IoT sensors (versus ~$12,000 equivalent commercial wireless sensor) $12 million saving on obsolete subsea part (versus purchase of new model) Replaced broken fan blade in three weeks (versus 16 weeks of production i
Slide 17: Head Office
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 Woodside Energy Group Ltd ABN 55 004 898 962 woodside.com
Slide 18: Pluto decarbonisation
Pluto decarbonisation www.woodside.com investor@woodside.com 6 November 2024
Slide 19: Disclaimer, important notes and assumptions
Disclaimer, important notes and assumptions Information This presentation has been prepared by Woodside Energy Group Ltd (“Woodside”). All information included in this presentation, including any forward-looking statements, reflects Woodside’s views held as at the date of this presentation and, exce
Slide 20: Disclaimer, important notes and assumptions (continued)
Disclaimer, important notes and assumptions (continued) Climate strategy and emissions data Woodside “greenhouse gas” or “emissions” information reported are net equity Scope 1 greenhouse gas emissions, Scope 2 greenhouse gas emissions, and/or Scope 3 greenhouse gas emissions, unless otherwise state
Slide 21: Progressing Pluto decarbonisation plan
Examples of Operate Out Example of Design Out Pluto Train 2 design inherently more efficient Focus on operating facilities ‘design out’ Design-out (operating): Pluto Solar Process efficiency improvement Methane emissions reduction Flaring reduction High reliability operations Start-up optimisation E
Slide 22: Primary emissions sources at Pluto LNG
Compressor drives and power turbines are key contributors to the facility’s emissions Primary emissions sources at Pluto LNG
Slide 23: Large scale implementation is cost intensive and operationally complex
Large scale implementation is cost intensive and operationally complex Exploring large-scale decarbonisation solutions to inform Pluto net zero pathway Power generation Mechanical drives Reservoir CO2 H2 fuelling Post combustion carbon capture Oxyfuel combustion Lower carbon power import Electrifica
Slide 24: Head Office
Head Office: Woodside Energy Group Ltd Mia Yellagonga 11 Mount Street Perth WA 6000 Postal Address: Perth WA 6840 Australia T: +61 8 9348 4000 F: +61 89, E: companyinfo@woodside.com Woodside Energy Group Ltd ABN 55 004 898 962 woodside.com
Woodside Energy Group — Corporate Update (November 2024) on 6ix