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On June 25, Woodside Energy completed the sale of a 40% stake in its Louisiana LNG project to Stonepeak Partners. The project whch is located in Calcasieu Parish and is currently under construction.
HOUSTON-- (BUSINESS WIRE)-- Woodside Energy will invest $650,000 in Louisiana through the end of 2025, reinforcing the company’s commitment to the region and local communities.
Woodside Energy said it wants to sell an additional 20%-30% stake in its Louisiana LNG project, and that interest in the project is rising since making a final investment decision last week.
Woodside Energy Group Ltd. has inked a non-binding collaboration deal with Saudi Arabian Oil Co. (Aramco) including for the Saudi oil giant’s potential offtake from and ownership in Louisiana LNG.
1 See “Woodside announces Louisiana LNG partnership with Stonepeak” announced on 7 April 2025 for details. INVESTORS Sarah Peyman M: +61 457 513 249 E: [email protected] MEDIA Dan Pagoda ...
Also in Australia, Woodside is still targeting the maiden LNG cargo from its Scarborough energy project — Scarborough and Pluto Train 2 — in the second half of 2026.
Last month, Woodside took positive final investment decision to develop the three-train, 16.5 million tonnes/year Louisiana LNG project and is targeting first LNG in 2029 (OGJ Online, Apr. 29, 2025).
Woodside Energy (ASX: WDS | NYSE: WDS) has reported strong second-quarter earnings for 2025, underpinned by record production from the Sangomar oil field, robust LNG pricing, and continued project ...