Original article by Elouise Fowler
The Australian Financial Review – Page: 16 : 30-Apr-25

Woodside Energy has made a final investment decision to proceed with its e $US17bn ($27bn) Louisiana LNG project in the US. Woodside CEO Meg O’Neill has described the project as a "game-changer" for the oil and gas group. The project, which was previously called Driftwood, was acquired for $1.2bn in 2024. Woodside will contribute $US11.8bn to its development, while the balance will be funded by Stonepeak, which has bought a 40 per cent stake in Louisiana LNG. The project will make Woodside one of the world’s biggest producers of LNG, with a global market share of more than five per cent.

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WOODSIDE ENERGY GROUP LIMITED – ASX WDS