HOUSTON, TEXAS (Editors at Energy Analytics Institute, 25.Feb.2025) — Australia’s Woodside Energy reported record production of 193.9 million barrels of oil equivalent (MMboe), or 530 Mboe/day, for the full year 2024. The result was underpinned by outstanding early production performance at Sangomar offshore Senegal and world-class reliability at operated LNG assets, the company said in its 2024 year-end financial press release.
Net profit after tax (NPAT) was $3,573mn in 2024, up 115% compared to 2023. Underlying NPAT decreased 13% from the previous year to $2,880mn, primarily due to lower realized oil and gas prices, Woodside said on 25 Feb. 2025 in the press release.
