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Woodside Energy streamlines executive team

Oil gas funding, woodside energy

A revised leadership structure is set to help Woodside Energy deliver on its oil and gas ambitions.

The changes are an evolution to the operating model established following Woodwide Energy’s merger with BHP’s petroleum business in 2022, and are expected to support the safe, reliable and cost-efficient execution of business.

Key elements of the revised leadership structure include:

  • aggregating all project execution and operational activities under two regional Executive Vice President (EVP) and Chief Operating Officer roles (one for Australia and the other for international)
  • integrating all traditional and new energy growth and opportunity capture activity, including exploration and acquisition, into one business group under a new EVP and Chief Commercial Officer role
  • integrating all traditional and new energy technical and project development activities under a new EVP Technical and Energy Development role
  • elevating corporate strategy activities to a single EVP role
  • establishing dedicated Executive Leadership Team roles for human resources, legal and group general counsel, and external affairs.

Woodside Energy chief executive officer Meg O’Neill said the new executive team strikes a balance between change and continuity, adding new capabilities and streamlining business.

“We are fully integrating Woodside’s traditional and new energy business across our value chain to support ongoing delivery of the affordable, reliable and lower-carbon energy our customers need for the energy transition,” she said.

“We are also consolidating operations and project delivery in a regional model to drive a strong focus on safety, efficient decision making, and effective business execution.”

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