Woodside Energy Limited has acquired Louisiana LNG to enhance its global LNG service capabilities, addressing the rising demand for cleaner energy while positioning itself strategically in the energy transition.
Target Information
Woodside Energy Limited is a prominent supplier of LNG (Liquefied Natural Gas) to major gas and electricity utilities, trading houses, and industrial buyers worldwide. The company extends its offerings to include crude oil, condensate, and liquefied petroleum gas (LPG). Woodside is also actively collaborating with its customers to develop new energy products and lower-carbon solutions, including hydrogen, ammonia, and carbon capture and storage.
In 2024, Woodside successfully produced and purchased a total of 177.7 LNG cargoes, which is enough to power approximately one-third of homes in Japan for an entire year. The company prides itself on maintaining strong relationships with customers in both Australian and global energy markets, built upon a solid reputation for reliable delivery and expertise in contracting, marketing, and trading.
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Industry Overview
The global energy market, particularly in Australia, is amidst a significant transition aimed at reducing carbon emissions and increasing the sustainability of energy sources. Natural gas is anticipated to play a critical role in
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Woodside
invested in
Louisiana LNG
in 2024
in a Other deal