Woodside Energy and Aramco Sign Collaboration Agreement to Explore Global LNG and Ammonia Opportunities

Reuters
2025.05.14 00:15
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Woodside Energy Group Ltd. has entered a non-binding collaboration agreement with Aramco to explore global LNG and ammonia opportunities, including Aramco's potential equity interest in the Louisiana LNG project. CEO Meg O'Neill emphasized the agreement's alignment with Woodside's strategic vision for a diverse portfolio. The agreement was signed at the Saudi-US Investment Forum in Riyadh, attended by Saudi Crown Prince Mohammed bin Salman and US President Donald Trump.

Woodside Energy Group Ltd. has announced a non-binding collaboration agreement with Aramco to explore global opportunities, including Aramco's potential acquisition of an equity interest in and LNG offtake from the Louisiana LNG project. The companies are also exploring collaboration opportunities in lower-carbon ammonia. Woodside's CEO, Meg O'Neill, highlighted the agreement's alignment with the company's strategic vision for a diverse global portfolio and its potential to deliver value for both parties. The agreement was signed at the Saudi-US Investment Forum in Riyadh, attended by Saudi Crown Prince Mohammed bin Salman and US President Donald Trump.

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