Woodside Petroleum CEO Says 2019 Will Be 'The Year of The Deal'

The video discusses Woodside's strategic plans for 2019, focusing on major deals, partnerships, and financial strategies. It addresses skepticism about asset quality, emphasizing the world-class nature of projects like Scarborough. The evolving LNG market, particularly in Asia, is highlighted, with expectations of growth in China and other regions. Upcoming projects in Senegal and Scarborough are outlined, along with the CEO's commitment to seeing them through. The potential impact of the US-China trade war on Australia's LNG market is also explored, stressing the importance of stability in government policies.

What are the two major projects Woodside is focusing on in 2019?

• Greater Enfield and Nord Stream

• Senegal and Miramar

• Gronigen and Nord Stream

• Scarborough and Browse

How does Woodside plan to maintain shareholder confidence?

• By linking dividends to underlying profit

• By focusing solely on domestic projects

• By increasing the payout ratio to 90%

• By reducing project investments

What is a significant change in the LNG market dynamics?

• Increased focus on coal

• Rise of small-scale LNG producers

• Shift towards portfolio players

• Decline in Asian demand

Which region is expected to continue growing its LNG demand?

• South America

• China

• North America

• Europe

How might the US-China trade war benefit Australia?

• By reducing LNG prices

• By increasing competition

• By limiting US access to China

• By decreasing global demand

What is Woodside's approach to dealing with geopolitical uncertainties?

• Reducing production levels

• Seeking stability in government policies

• Focusing on new markets

• Establishing new partnerships

What is the importance of stable government policies for Woodside?

• To increase tax rates

• To expand into new markets

• To ensure project certainty

• To reduce environmental regulations