Australia and OceaniaCorporate

Woodside reveals leadership team for proposed merger with BHP’s unit

By LNG Prime Staff
Woodside reveals leadership team for proposed merger with BHP's unit
Image: Woodside

Australian LNG player Woodside will appoint at least four BHP executives to the new leadership team following the completion of the planned merger with BHP’s oil and gas business.

Woodside said in November it had signed a binding merger agreement with BHP’s petroleum business. On the same day, it also took a final investment decision on the Scarborough and Pluto LNG Train 2 developments worth about $12 billion.

CEO Meg O’Neill announced the new executive team for the merged company in a statement on Tuesday.

Perth and Houston

BHP Petroleum’s Shiva McMahon would lead international operations, Andy Drummond would take over exploration and development, while Matthew Ridolfi would lead projects.

They would all be based in Houston while Tony Cudmore, who would take over strategy and climate, would be based in Perth.

As per Woodside executives, Graham Tiver would take over as finance chief, while Fiona Hick would lead Australian operations. The company nominated Shaun Gregory to lead new energy, Mark Abbotsford would lead marketing and trading, while Julie Fallon would lead corporate services. These five executives would be based in Perth.

Woodside’s Daniel Kalms would be in charge to lead merger integration activities after completion of the proposed merger, based in Perth as well.

Completion expected in second quarter

According to the statement, the nominee who would lead technical services would be subject to a future announcement.

Other than Tiver and Kalms, all of the new nominees will take their nominated roles only if and when completion of the proposed merger occurs.

O’Neill said the nominated leadership team has, “the capabilities, experiences and diverse perspectives to deliver long-term success for the merged company.”

“The merged business is expected to have the scale and cash flow to create value for shareholders, deliver growth and thrive through the global energy transition, enabled by a leadership team that brings together the very best of our two organizations,” the CEO said.

Woodside expects to complete the proposed merger in the second quarter of 2022.

Most Popular

Contracts and Tenders

SEFE, Trafigura seal five-year gas supply deal

German gas and LNG importer Securing Energy for Europe (SEFE) has signed a new five-year gas supply contract with commodity trader Trafigura.
Contracts and Tenders

Deutsche ReGas charters second Mukran FSRU from MOL

Private German LNG terminal operator Deutsche ReGas has signed a deal with Japan's MOL to charter a second floating sturage and regasification unit and restore full capacity at its Mukran LNG import terminal in Germany.
LNG Terminals

NextDecade progresses commissioning of first Rio Grande LNG train

US LNG developer NextDecade is moving forward with commissioning activities at the first liquefaction train of its Rio Grande LNG terminal in Texas, and it continues to expect first gas into the LNG facility before year-end 2026.

More News Like This

Contracts and Tenders

Woodside inks long-term Louisiana LNG supply deal with QatarEnergy

Australian LNG player Woodside has entered into a long-term liquefied natural gas sale and purchase agreement with state-owned LNG giant QatarEnergy to supply volumes from its Louisiana LNG project in the US.
Contracts and Tenders

Woodside to exit Greater Sunrise project with stake sale to Timor GAP

Australian LNG player Woodside is exiting the long-delayed Greater Sunrise LNG development by entering into an agreement with Timor-Leste’s national oil company, Timor GAP, to sell its 33.44 percent operating stake in the Sunrise JV, including the titles containing the Greater Sunrise fields, for up to $200 million.
LNG Terminals

Woodside reports strong LNG performance in Q3

Australian LNG player Woodside reported strong LNG performance in the third quarter this year due to higher prices, and it still expects the first LNG cargo from the Scarborough project in the fourth quarter.
LNG Terminals

Woodside resumes Scarborough commissioning work after protests

Australian LNG player Woodside has resumed commissioning activities at the Scarborough floating production unit (FPU) after Greenpeace activists occupied the FPU located offshore Western Australia, a Woodside spokesperson told LNG Prime on Monday.