Asset Manager

Updated:

Woodside Energy

Woodside Energy operates in the oil and gas industry with assets and interests in multiple regions. The company focuses on environmental performance.

Woodside Energy

Woodside Energy operates in the oil and gas industry with assets and interests in multiple regions. The company focuses on environmental performance. It has operations in gas, oil, and new energy sectors.

General information

Firm type

Asset Manager

Year founded

1954

Location

Region

North America

Country

Australia

City

Perth

Corporate office

Perth, Western Australia, Australia

Additional offices

Menlo Park, CA · London, UK · Greenwich, CT · Auckland, NZ · Houston, TX · Barcelona, Spain · Chicago, IL · Geneva, Switzerland · Hoofddorp, Netherlands · Ludwigshafen, Germany

Principals

Meg O'Neill

CEO & Managing Director

Sector focus

Energy Transition & RenewablesInfrastructure

Frequently asked questions

Who runs investment decisions at Woodside?

Meg O'Neill, CEO and Managing Director, leads all major capital allocation and investment decisions. She assumed the role in August 2021 after serving as COO. Board approval is required for large-scale projects such as Scarborough and Trion, but O'Neill drives the strategic direction.

How does Woodside source its project pipeline?

Woodside sources project pipeline through a mix of organic development (Scarborough, Pluto expansions) and acquisitions. The July 2024 purchase of Tellurian's Driftwood LNG project illustrates its strategy of acquiring pre-permitted US Gulf Coast infrastructure to accelerate expansion.

What is Woodside's actual posture on new energy relative to gas?

Woodside targets 10% of gross capex toward new-energy and lower-carbon solutions by 2030. Current live projects include H2OK in Oklahoma and H2Perth in Western Australia, both hydrogen and ammonia facilities. However, the near-term capital stack remains dominated by LNG and oil developments, with Scarborough and Trion consuming the bulk of current spend.

Which geographies are central to Woodside's current investment portfolio?

Australia, driven by the North West Shelf and Pluto LNG, is the home market and largest contributor. The US Gulf of Mexico, via the Trion project and Driftwood LNG, represents the firm's second major production hub. Senegal and Mexico round out the active international development portfolio.

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