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Woodside reports fourth quarterly earnings
Jan. 18, 2019
Source: LNG Industry

Woodside reports fourth quarterly earnings

Australian oil and gas giant, Woodside has reported a significant jump in its 4Q18 earnings. Woodside generated AUS$1419 million in sales revenue, marking a 43% surge from 4Q2017. The fourth quarter seemed very fruitful for Woodside, where not only its production jumped by 10%, but it also achieved 99.7% reliability at Pluto LNG. Additionally, the production from Wheatstone LNG Train 1 and Train 2 continued to exceed expectations.

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