Country
Australia
Sector
Oil & Gas
Intelligence Type
Corporate
Status / Stage
Active
Confidence
Confirmed
Latest Development
Woodside Energy is Australia’s largest oil and gas company and operator of Senegal’s Sangomar deepwater oil field — the country’s first-ever oil production (first oil June 2024, ~100,000 bopd). Woodside holds 82% of Sangomar. Phase 2 is in planning.
Company Profile
Company TypePublic
HeadquartersPerth, Australia
Countries of OperationSenegal (Sangomar 82%); USA; Trinidad; Australia; Mexico; Timor-Leste
Founded1954
Websitewoodside.com
Key ExecutivesMeg O'Neill (CEO)
Employees~7,000
Revenue~$6bn (2024)
Key Developments
Sangomar Phase 1 producing ~100,000 bopd mid-2026. FPSO Léopold Sédar Senghor operational. Phase 2 (additional 70 wells) in planning.
Key Risks
President Faye (Senegal) signalled review of oil/gas contracts. Phase 2 FID timing uncertain.
What Happens Next
Phase 2 FID announcement.
Commercial Opportunity Intelligence
Opportunity SignalOperator of Senegal's first oil — the country that became Africa's newest oil producer in 2024.
Commercial ReadinessCommercially Active
Source & Verification Trail
Last VerifiedAugust 2026
Source(s)Woodside quarterly reports; Africa Oil Gas Report December 2025
Source Date2024–August 2026