Henry Meyer's questions to WOODSIDE ENERGY GROUP (WDS) leadership • H1 2025
Question
Henry Meyer from Goldman Sachs asked for an update on plans for LNG carriers to support Louisiana cargoes, including the lease-versus-own strategy and potential balance sheet impact. He also asked if the decommissioning cost challenges at Griffin and Minerva have been factored into estimates for other fields.
Answer
CEO & Managing Director Meg O’Neill stated that Woodside's philosophy is to use leased vessels rather than owning them, but it was too early to advise on the number of vessels or balance sheet impact. On decommissioning, she confirmed that learnings are incorporated annually into estimates and are being proactively applied to planning for currently operational assets to avoid similar challenges, citing the successful decommissioning of Enfield as a positive example.