Woodside Energy Expands US LNG Presence with New Deal

Woodside Energy Group (AU:WDS) has released an update.

Woodside Energy Group has signed a revised contract with Bechtel for the development of the Louisiana LNG project, aiming to provide liquefied natural gas to the global market and generate value for shareholders. The project is positioned as a major growth opportunity, with an expected expenditure of up to $1.3 billion by the first quarter of 2025. This strategic move is set to enhance Woodside’s presence in the US LNG sector amid a competitive market environment.

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