In its 2024 half-year results, Woodside Energy reported a net profit after tax of $US1.9 billion, up 11 per cent on the corresponding period in 2023.
Meanwhile the company recorded 89.3 million barrels of oil equivalent (MMboe) and noted that its LNG operated reliability reached 98 per cent.
Woodside Energy chief executive officer Meg O’Neill said the first half of the year brought significant milestones, including first production from Sangomar.
“In the first half of 2024, we delivered on a significant element of our strategy, achieving first production from Sangomar, Senegal’s first offshore oil project,” O’Neill said.
“Production ramp-up at Sangomar has progressed well and subsequent to the period, peak gross production rate of 100,000 barrels per day was achieved, demonstrating Woodside’s world-class project execution capability.”
The company also made good progress for the Scarborough Energy Project in Western Australia, which is more than two-thirds complete and on track for first LNG cargo in 2026.
“Work on the Scarborough floating production unit passed a major milestone with structural completion of the topsides,” O’Neill said.
“Pluto Train 2 site works continued with 29 of the 51 modules delivered and 25 modules set in position.”
Woodside also completed the sale of a 10 per cent interest in the Scarborough Joint Venture to LNG Japan for $910 million.
Subscribe to Energy Today for the latest project and industry news.