WDS 1.05% $29.21 woodside energy group ltd

Browse and Sunrise are off life support

  1. 5,227 Posts.
    lightbulb Created with Sketch. 146
    Picked this up from the AR this morning.

    https://www.copyright link/companies/energy/woodside-s-meg-o-neill-seeks-revival-of-stalled-mega-gas-projects-20220418-p5ae9q#:~:text=Woodside%20Petroleum%20chief%20executive%20Meg,its%20back%20on%20Russian%20energy.

    Basically, Meg is saying that Russia's with Ukraine, compounded with Shell and BP departing Russia and the impact that will have on gas flow and development, means that Browse and Sunrise should be looked at.

    I am all for getting Browse up and going. That makes sense. I am much more reluctant on Sunrise ever getting off the ground when Timor wants it processed on their island. Meg made it very clear in the article that it would not be viable to do that.

    HT1
 
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