Australian LNG producer Woodside reported a 24 percent drop in its first-half profit due to lower prices, depreciation costs, and a pre-tax impairment on the H2OK project following the decision to scrap the US hydrogen project.
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Australian LNG player Woodside continues to make progress on the first phase of its Louisiana LNG export terminal, including the first 235,000-cbm storage tank.
UK-based energy giant BP has agreed to sell a 5 percent stake in the planned Woodside-led Browse LNG project in Australia, which would deliver natural gas from the Calliance, Torosa, and Brecknock fields to the existing Karratha gas plant, to Japan's Osaka Gas.
Australian LNG player Woodside has installed the third and final module for Pluto LNG’s Train 1 modifications project at the site in Karratha, Western Australia.