WOODSIDE Energy has joined a chorus of mining companies recording record production in Western Australia’s north.
LNG led the way for Woodside with flagship LNG and offshore gas assets, including the North West Shelf, Pluto LNG, Scarborough, and several offshore platforms such as North Rankin, Goodwyn A, and Okha.
The Woodside results follow recently announced record production from BHP, FMG and Rio Tinto.
According to Woodside acting CEO Liz Westcott in the company’s fourth quarter report Woodside had outperformed production guidance while advancing key growth projects.
“We achieved record annual production of 198.8 million barrels of oil equivalent in 2025,” Ms Westcott said.
“This performance was driven by sustained plateau production at Sangomar through late October and Pluto LNG operating at 100% reliability for the second half of the year.
“In recent days we marked a special milestone for the Scarborough Energy Project with the safe arrival of the floating production unit at the field and commencement of hook-up activities. The project was 94% complete at the end of the year and remains on budget and on target for first LNG cargo in Q4 2026.
“In late December first production was achieved at Beaumont New Ammonia. Final project commissioning will continue through early 2026 ahead of project completion and Woodside assuming operational control. Production will commence with conventional ammonia with lower-carbon ammonia planned for 2H 2026.
“Woodside has finalised agreements with leading global customers to supply conventional ammonia from Beaumont. These deliveries will commence in 2026 and continue through year-end, under contracts that reflect prevailing market prices.
“We also continued to progress our major development pipeline, with the three‑train foundation phase of the Louisiana LNG Project reaching 22% completion at quarter‑end, targeting first LNG in 2029.
“During the period Woodside entered a strategic partnership with leading US gas infrastructure company Williams, selling a 10% interest in the Louisiana LNG HoldCo and an 80% operating interest in PipelineCo, further demonstrating the quality of the project. Under the transaction, Williams will contribute approximately $1.9 billion in capital expenditure and assume offtake obligations for 10% of Louisiana LNG’s produced volumes.
“The Trion Project in Mexico was 50% complete at the end of the year, with hull assembly and installation of all critical equipment on the topside’s modules now completed.
“Also during the quarter, we took a final investment decision to develop the North West Shelf Project’s Greater Western Flank Phase 4. The project extends production from the North West Shelf by around one year and delivers an internal rate of return of approximately 30%.5
“During the period we signed long term LNG sale and purchase agreements with SK Gas International and BOTAŞ, supplied from Woodside's global portfolio including LALNG, evidencing the value customers place on our product.
“Woodside strengthened its position in the Gulf of America as the successful bidder on eight exploration blocks.6
“We are looking forward to first LNG from Scarborough in the fourth quarter of this year. Our 2026 volume guidance of 172 - 186 MMboe reflects planned down time at Pluto as we prepare the facility to begin processing Scarborough gas and for first LNG cargo in Q4 2026.“