Woodside Sanctions Trion

Woodside today announced that it has made a final investment decision on the Trion development in the deep water Gulf of Mexico. The forecast capital expenditure for the project is US$7.2 billion and includes a floating production unit (FPU), a floating storage unit (FSO) and 24 wells (18 of which will be in the first phase: 9 producers, 7 water injectors & 2 gas injectors). Gas that isn’t reinjected or used on the platforms will be sent ashore for the Mexican market. First oil is targeted for 2028.