Australia’s Woodside Energy is forging ahead with new oil, gas and liquefied natural gas projects at home and overseas on the back of record production in the fourth quarter of 2022 and for the full year although revenues took a downturn in the last three months of the year.

“Strong progress was made across our portfolio of growth projects, both in Australia and globally,” said Woodside chief executive Meg O’Neill.

“The teams working on Scarborough and Pluto Train 2 have done an outstanding job over the latter part of the year.