Recent Updates — WDS

Woodside Energy Group Ltd has signed a long-term sale and purchase agreement with QatarEnergy for the supply of up to 3 million tonnes per annum (Mtpa) of liquefied natural gas (LNG). The 20-year contract covers volumes from Woodside's Louisiana LNG Project, which is currently under construction near Lake Charles, Louisiana. Supply will begin with Train 2 and increase to 3 Mtpa upon the start-up of Train 3. This agreement adds to a previously announced deal with Uniper, providing sustained revenue certainty for a material portion of the project's production as it targets first LNG in 2029. Woodside Energy Group Ltd is an energy company focused on the exploration and production of oil and natural gas.

Woodside Energy Group Ltd reported third-quarter operating revenue of $4,281 million, a 2% increase from the prior quarter, driven by a 12% rise in production volumes to 46.2 MMboe and an improved average realised LNG price of $84/boe. The company narrowed its full-year 2026 total production volume guidance to 174-181 million barrels of oil equivalent, down from the previous range of 174-185 MMboe, primarily due to revised Beaumont New Ammonia volumes and reduced output at Okha. Woodside also announced it will initiate a formal process to reduce its investment in Beaumont New Ammonia following a strategic review, while maintaining capital expenditure guidance between $4 billion and $4.5 billion. The company operates in the energy sector, focusing on the exploration, development, and production of oil and natural gas.

Woodside Energy Group Ltd issued 50,885 fully paid ordinary shares following the vesting of employee incentive rights during the quarter ended September 30, 2026. The issuance includes 49,196 shares for general employees and 690 shares to Key Management Personnel Breyden Lonnie. These securities were transferred from existing unquoted equity rights classes (WDSAL and WDSAE) under the Woodside Equity Plan. This routine administrative disclosure of minor share issuances is not material.

Woodside Energy Group Ltd announced that non-executive director Mark Cutifani resigned from the Board effective September 13, 2026, citing personal reasons and a reassessment of global professional commitments. Mr. Cutifani had served on the Audit & Risk, Sustainability, and Nominations & Governance Committees since joining in March. Chair Richard Goyder acknowledged the loss but respected the decision. Woodside Energy Group Ltd operates in the energy sector, focusing on oil and gas exploration and production.