SEATTLE (Oil Monster):Woodside Energy Group Ltd reported record production in 2025, exceeding company guidance, but expects output to decline in 2026 as planned maintenance and upgrade work begins ahead of the Scarborough Energy Project startup.
The Perth-based LNG-focused producer posted full-year output of 198.8 million barrels of oil equivalent (MMboe), surpassing its forecast range of 192–197 MMboe. The strong performance was supported by sustained plateau production at the Sangomar offshore field in Senegal and flawless operations at Pluto LNG during the second half of the year.
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Looking ahead, Woodside forecasts 2026 production of 172–186 MMboe, reflecting planned downtime at Pluto LNG as facilities are prepared to process gas from the Scarborough field. The project involves offshore field development near Karratha, construction of a second processing train at Pluto LNG, and modifications to existing infrastructure. Once operational, Scarborough is expected to deliver up to eight million tonnes per annum of LNG and supply 225 terajoules per day of gas to Western Australia.
Fourth-quarter 2025 output fell 4% quarter-on-quarter to 48.9 MMboe, due to seasonal weather, lower east-coast demand, and asset divestments in Trinidad and Tobago.
