Energy major Woodside has reported a record net profit after tax of $1.74-billion for the first half of the 2023 financial year. Underlying net profits after tax for the half year was also up by 4% on the previous corresponding period, to $1.89-billion, reflecting a full period of results from Woodside’s expanded operations portfolio following its deal with major BHP.
PERTH – Energy major Woodside has reported a record net profit after tax of $1.74-billion for the first half of the 2023 financial year.
“In June, Woodside took a final investment decision on the Trion oil development offshore Mexico. The development leverages our proven expertise in deepwater project execution and is expected to deliver strong returns to Woodside shareholders as well as economic and social benefits to Mexico. “We also took FID during the period at Julimar-Brunello Phase 3, a new source of gas for the non-operated Wheatstone facility in Western Australia,” O’Neill said on Tuesday.
“The new strategic relationship with LNG Japan also includes the potential for LNG offtake and collaboration on opportunities in new energy,” said O’Neill.
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