https://www.energyintel.com/00000193-852b-d404-a1f3-972bfc8d0000"Australia’s Woodside Energy is offering shorter, 10-year LNG supply deals, as the company believes that the global LNG market offers enough flexibility to keep its buyers well supplied into the future. An evolving global market and unique customer-based solutions are expected to be enough to differentiate the company from a competitive landscape, where it would need to compete with international portfolio players and national oil companies such as QatarEnergy."
“One of the things we realize is that we need to make sure we have a variety of methods to bring new resources into the company,” O’Neill said. However, the focus is first on places that are adjacent to where they already have operating assets, primarily in the US Gulf of Mexico and in Australia. Outside those areas, the focus is on places where any discovery can be quickly brought to market."
"The company took a 40% stake in the Tiba exploration block from Italian oil and gas major Eni back in October, and it still holds a 27% stake in Chevron’s El-Dabaa acreage, both offshore Egypt in the Mediterranean Sea. It must also decide soon whether to farm into Pancontinental’s Petroleum Exploration License 87 in Namibia’s promising Orange Basin as 56% operator."
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