Well WDS are not sitting around the camp fire toasting marsh mellows it seems. Just need our announcement.Woodside Energy has splashed $US900 million ($1.35 billion) to expand into the Gulf of Mexico as part of plans to become a “global LNG powerhouse” despite a backlash from investors who say it is too slow to transition away from the fossil fuel.
The ASX-listed oil and gas major will buy Tellurian to secure a terminal under construction in Louisiana. More than $US1 billion has already been spent on developing its Driftwood LNG project, which has development approval for 27.6 million tonnes a year of exports, almost three times Woodside’s output from its Australian projects.
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