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The Perth-based LNG player revealed this in its first-quarter report on Tuesday.
The Scarborough project was 94 percent complete at the end of the fourth quarter last year.
In January this year, the project’s floating production unit (FPU) arrived at the Scarborough field, 375 km off the coast of Karratha.
Woodside said in the update that the FPU completed hook-up and commenced topside commissioning following its arrival in Australia.
The FPU is connected by a 433 km trunkline to a second LNG processing train at the Pluto LNG facility.
Pluto Train 2 will process about five million tonnes per annum (mtpa) of Scarborough gas, and with some modifications to the existing Pluto train, up to three mtpa will be processed there.
Woodside said that construction and commissioning activities at the Pluto Train 2 site continued, with the first ignition of the additional gas turbine generator achieved, while preparation is underway for the first run of the liquefaction compressors.
Also, the first two of three modules built for the Pluto Train 1 modifications project departed the fabrication yard in Thailand and, subsequent to the quarter, arrived at the Pluto site.
Woodisde added that civil, structural, and piping works advanced at the Pluto site, with a focus on preparing for activities to be completed during the Pluto LNG Train 1 major turnaround scheduled for May.
In November 2021, Woodside took a final investment decision on the Scarborough and Pluto LNG Train 2 developments.
In 2024, Woodside revised the total project cost estimate to $12.5 billion ($8.2 billion Woodside share), a 4 percent increase from the previous cost estimate at FID of $12 billion.
Louisiana LNG
The Australian firm also provided an update on its Louisiana LNG export project in the US.
According to the update, the foundation phase of Louisiana LNG, comprising three trains, reached 24 percent complete at the end of the quarter and remains on budget.
Woodisde said that key milestones achieved during the period included progression of the LNG tanks and the commencement of dredging activities.
Train 1 was 31 percent complete at the end of the quarter. During the period, structural steel erection progressed and the first piping was installed in the Train 1 rack.
Moreover, Trains 2 and 3 were 22 percent and 14 percent complete respectively at the end of the quarter, with piling installation completed for Train 2 and commenced for Train 3.
Woodisde also said that the transition of Driftwood Pipeline operatorship to Williams was completed.
The LNG player also noted that EPC contractor Bechtel is sourcing Louisiana LNG structural steel from the United Arab Emirates.
Fabrication at Bechtel’s facility has not been impacted, and sufficient steel for 2026 work programs has been delivered to the site, it said.
“Mitigation measures are being proactively assessed to ensure the ongoing supply of steel,” Woodside said.
Woodside said that Louisiana LNG continues to attract “strong interest from high-quality counterparties, supporting Woodside’s sell-down process” while the company progressed potential future growth optionality for the project.
The project is targeting the first LNG cargo in 2029.
Results
Woodside reported revenue of $3.26 billion for the three months ended March 31, down compared with $3.31 billion last year and up compared to $3.03 in the prior quarter.
Woodside CEO Liz Westcott said the company “maintained safe and reliable operations across its global portfolio during the first quarter, while continuing to execute major projects to budget and schedule.”
“Production for the period was 45.2 million barrels of oil equivalent, underpinned by exceptional reliability of our world-class assets, including 99.9 percent at Sangomar and 99 percent at Shenzi,” she said
In Western Australia, Pluto LNG achieved 100 percnt reliability for the third consecutive quarter, while the North West Shelf project delivered 99.7 percent
“Output from our Western Australian assets was impacted late in the quarter by severe Tropical Cyclone Narelle,” she said.
“We have seen modest increases to our portfolio average realized pricing in the quarter, driven by elevated spot prices. Further benefits of currently higher spot prices will be realized in subsequent quarters for LNG due to lagged contract pricing,” Westcott said.