Woodside's $16.5bn Scarborough project is going ahead, making it the biggest oil and gas initiative in around a decade, so SBS Finance Editor Ricardo Gonalves speaks with CEO Meg O'Neill. Senior executive of Wesfarmers Limited between 1985 and 2009, including in roles as Executive Director Finance and Executive Director Business Development. For all the detractors of the petroleum sector more broadly, ONeill, named one of The Australian Financial Review Business People of the Year, is holding firm at the helm of what is now a global top-10 independent oil and gas company in a turbulent sector that has been thrown into the public glare due to Russias invasion of Ukraine and the price crisis that is hammering consumers. This automatically renews to be billed as $60 (min. Retired from Shell in2016 after a 15-year tenure holding numerous positions, including Executive Vice President Arctic, Executive Vice President Exploration and Production, Country Chair of Shell in Australia, and Executive Vice President Africa. operations officer Meg ONeill and Graham joined Woodside as Executive Vice President Finance & Chief Financial Officer in February 2022. (Bloomberg) -- Woodside Energy Group Ltd., Australia's biggest oil and gas producer, says it will review potential acquisitions in the Gulf of Mexico after reporting its highest-ever profit.Most Read from BloombergNigeria Latest: Tinubu Wins Ekiti Vote; Next Briefing at 11 a.m.Covid-19 Pandemic Most Likely Came From Lab Leak: WSJUkraine Latest: Saudi Foreign Minister in Surprise Visit to . Julie has also Read the full Q4 2018 issue of Trunklinehere. Woodside has an important role to play in providing that energy now and into the future. Meg O'Neill - Business News It is planned to be approximately 3,900m deep and is being conducted by Woodside and PETROSEN from Diamond Offshores Ocean BlackRhino (OBR) drillship. In June, a Woodside team visited communities in the Fatick and Thies regions of Senegal to inform residents about the imminent commencement of the drilling campaign. We are a global energy company, founded in Australia with a spirit of innovation and determination. Non-Executive Director: Reconciliation WA, WA Venues & Events Pty Ltd (WAVE), West Australian Symphony Orchestra (WASO), Chair: Australian Petroleum Production & Exploration Association (APPEA), Vice President: Australian Resources and Energy Group (AMMA), Member: Chief Executive Women, UWA Business School Advisory Board. Andy reports that the drilling has been widely featured in local radio and print media. Meg grew up in Boulder, Colorado, with two brothers. 38-year career with Shell including as Executive Vice President, Upstream Major Projects within Shells Projects and Technology Business, General Manager of Shells operations in Syria and a secondment as Managing Director of Nigeria LNG Ltd. From 1999 to 2002 Dr Haynes was seconded to Woodside as General Manager of the North West Shelf Venture. Guided by our commitment to sustainability, were transforming the way we operate to ensure we make a positive difference. Marguerite O'Neill, consejera delegada y directora general, declar: "As que, por supuesto . The merger has been transformational for Woodside, as we now have a larger and more diversified portfolio which is delivering significant cash flow. Woodside acknowledges Indigenous people's connections to land, water and community. 00:00. Meg spoke about the Liked by Andy Drummond. Perths lifestyle is hard to top, she enthuses. 24 years with Wesfarmers Limited, including Managing Director and CEO from 2005 to late 2017. We provide energy the world needs to heat and cool homes, keep lights on and enable industry. Owner Malcolm Pages linked the sneakers to eshays and said they were associated with a 'tough guy' attitude. Power Up: The EU Electric Boogaloo | Successful Farming Options Play from 00:00 . Member of the Human Resources & Compensation, Sustainability and Nominations & Governance Committees. Meg is establishing her reputation in the league of the modern global CEO as worldwide expectations from our business leaders are evolving: humble, across the technical details, adaptable to shifting geopolitical trends and community expectations, and more focused on delivery than selling a story, Kavonic says. Woodside now has a global portfolio including assets in Australia, the US, the Caribbean and Africa. Meg is originally from Boulder, Colorado, and is a graduate of the Massachusetts Institute of Technology, with degrees in Ocean and Chemical Engineering. More than 120 people from Woodside Energy crisis, merger fuels higher Woodside profit Four years after . danced under the Woodside banner Woodside acknowledges Indigenous people's connections to land, water and community. Directorships of other listed entities within the past three years: 15 years in the Western Australian Legislative Assembly, including as the Western Australian Treasurer, Minister for Finance, Energy, Aboriginal Affairs and Lands. were invited to speak in September at The proposed merger between Woodside and BHPs petroleum business has been described as company changing and transformational. Gained significant experience in a diverse range of industries, including oil and gas, consumer goods and IT. The FPSO will have a production capacity of approximately 100,000 barrels per day. Exxon had been a good employer and helped her grow professionally and personally. anengineer with Shell Refining Australia. Sarah Liversidge For Daily Mail Australia, Jacinda Ardern shocks the world and RESIGNS as New Zealand Prime Minister: Says she's got 'nothing left in the tank' and tells her fianc Clarke 'let's finally get married', Senior cop who let a partygoer pepper spray himself in the face for a video is in danger of losing his job forever as he's stood down over the incident. Meg O'Neill joined Woodside in May 2018 as chief operations officer before becoming executive vice president of development in October 2019, executive vice president of the newly merged marketing and developments divisions in August 2020, and acting chief executive in April 2021. Meet Meg O'Neill, Woodside CEO and Managing Director. Now, were looking to advertise that Our three strategic pillars oil, gas and new energy each have a role to play. (Bloomberg) - Woodside Energy Group Ltd. sees a "finely balanced" market for liquified natural gas (LNG) in 2023 after a price rally . Meg O'Neill, Woodside Energy | Top 200 | Energy Council Before entering politics, Mr Macfarlanes experience included agriculture, and being President of the Queensland Graingrowers Association (19911998) and President of the Grains Council of Australia (19941996). Australian companies including BHP, Rio Tinto and Woodside are seen as good indicators for global demand given the significance of the country's mining and energy . Woodside CEO and managing director Meg O'Neill (Image courtesy of Woodside) Woodside Petroleum Ltd and BHP Group recently announced they had entered into a merger commitment to combine their respective oil and gas portfolios, creating a global top 10 independent energy company by production. Woodside CEO Meg O'Neill is leading a $63 billion merger with BHP Petroleum. Meg previously held senior leadership roles in ExxonMobils Production Company in Asia / Pacific, Norway and Canada. But not a 42 km road race. But having served in the role in an acting capacity since April, she already has several months experience under her belt and a good feel for whats ahead. SLB Digital Forum 2022 White House's $39 billion in chip manufacturing incentives are now up To upgrade, call 1300 MY NEWS (696 397), Payment every 4 weeks for the first 12 weeks, www.theaustralian.com.au/subscriptionterms, Monday to Friday paper delivered including. Prior to joining Shell, worked at Procter & Gamble and IBM. Meg O'Neill, chief executive of Woodside, said the outlook for the sector would depend on the strength of recovery in Europe and Chinese demand for gas after Beijing dismantled the zero-Covid curbs that hampered its economy. Other Woodside attendees at the awards ceremony included incoming Spectrum co-chairs Sean Sweeny and James Nicholson, and Christine Forster. In October 2019, Meg became Executive Vice President Development, which encompassed the delivery of all of Woodsides major projects, and in August 2020, she also assumed responsibility for Marketing. Her decision on her very first day as acting chief executive officer to open access for all employees to Level 29 in Woodsides Mia Yellagonga headquarters was a small step but it resonated inside and outside the company. All bubbles, no troubles for Woodside - ash.org.au annual extravaganza, showcasing LGBTI 05:29. Woodside CEO Meg O'Neill said in a statement accompanying today's results: [O]ur tax payments are expected to again increase significantly in 2023. Meg previously held senior leadership roles in ExxonMobils Production Company in Indonesia, Norway and Canada. Prices after the first 12 months may be varied as per full Terms and Conditions. Woodside COO to leave in May. Replacement named on because certain people dont feel Courage is important to me, she explains. Meg is preparing to pace herself for the challenging and exciting journey ahead as Woodside's new Chief Executive Officer and Managing Director, acknowledging the need to be in good physical and mental shape. Mark has more than 19 years of commercial, marketing, trading, finance and M&A experience across roles based in Australia, Singapore, Japan and the United Kingdom. think we can top it, she predicts. The acquisition of BHP assets increased Woodside's presence in the Gulf of Mexico, and the firm will "continue to be looking for opportunities there," Chief Executive Officer Meg O'Neill said in a phone interview. I think we can have a little bit more courage and well have a better workplace. More than 35 years' experience in corporate tax, specialising in the mining, energy and utilities sector, including senior leadership roles at three of the largest accounting firms and director of a leading Australian utility company. View upcoming events in the Woodside Energy investors calendar and keep up to date with the latest shareholder announcements and news. Woodside is the operator of the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture, which includes Socit des Ptroles du Sngal (PETROSEN). Get the news you want delivered straight to your inbox so you never miss a headline. A digital transformation journey for a mature field using production technologies and innovation principles- Shaya Ecuador S.A. Woodside Energy Awarded Major Contract to Air Liquide for Liquefaction Connections night club. One of WAs top businesswomen was the victim of a burglary this week in which a Maserati sports car and a Jeep Cherokee were stolen from her luxury beachside home. comfortable here, then we need to We recognise the many contributions Indigenous people make to our business, as community members and employees. Chief Executive Officer Meg O'Neill said while she expects Chinese economic activity to pick up as the year progresses, it . After purchase, this subscription may be managed in your Google Account Settings. parade. Home Delivery not available in all areas. Weekend Paper is for The Weekend Australian delivered on a Saturday. As I moved into Exxons more senior management, I was feeling more removed from where the business was done, Meg recounts. We pay our respects to ancestors and elders - past, present and emerging. The burglary, first reported by the West Australian, took place at Ms O'Neill's City Beach residence with the three alleged offenders also linked to an earlier theft of an Audi sedan on Sunday. Woodside said on Friday that COO Mike Utsler joined Woodside in December 2013. and network leads from other Parade, born in 1989 to protest the Julie graduated from the Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Spotlight On: Meg O'Neill - Energy Source & Distribution property management, supply chain and improvement & planning. with the choreography, music, painting Sarah Liversidge For Daily Mail Australia Subscription automatically renews at least 24 hours before the end of the current billing period. He has had multiple leadership roles and most recently held the role Vice President Pluto/Scarborough. in dancing rainbow lights during the An exhibition supported by Woodside opened in Q3, displaying stunning Indigenous artworks by 16 Roebourne artists a testament to the vibrancy of this community. Allow up to 5 days for home delivery to commence (10 days in WA). Woodside Energy Group Ltd Announces Full-Year 2022 Results Follow the day's news live. B y Sonali Paul. Ms O'Neill said Woodside was on track to meet its target of reducing net equity scope one and two emissions by 15 per cent by 2025. Meet Meg O'Neill, Woodside CEO and Managing Director. Woodside owns 100% of the Scarborough project following its merger with BHP Group's , petroleum arm.O'Neill said last week that Woodside has received strong interest from companies for a stake in . After the 23 wells have been completed, the development moves to the next stage hooking the wells through subsea infrastructure to a floating production storage and offloading (FPSO) facility that has been named after Leopold Sdar Senghor, Senegal's first president. Woodside triples profits, defends tax bill - ABC News Spectrum steps out with pride - woodside.com ( ABC News: Robert Koenigluck ) "Investment in new LNG supply can help meet demand at affordable prices. The City Beach mansion and luxury vehicles - aMaserati Ghibli and aJeep Cherokee - belong to Woodside Energy CEO Meg O'Neill. She spent a large part of her career with BP in upstream and downstream leadership roles including serving as the CFO for BP Trinidad and Tobago and BPs global lubricants businessCastrol. The first Indigenous treasurer of any Australian parliament, and has held various shadow cabinet portfolios including responsibility for Native Title and the Pilbara. Linked companies : Woodside Energy Group Ltd. Woodside to build $1b hydrogen plant in WA - ACAPMAg Prior experience includes roles at the Western Australian Department of Treasury and BHP Iron Ore. Mark graduated from the Advanced Management Programme at Harvard Business School in 2021. in this space, Georgie and Spectrum address that.. The company is aiming to achieve net-zero emissions by 2050 but has a number of growth projects in the pipeline, with a final investment decision expected this year on its Trion deepwater oil project off the coast of Mexico. You have to be adaptable, but you have to recognise that this role is a marathon not a sprint, so you have to make sure you take care of yourself, eat well, get adequate sleep and take some exercise.. And living right on the coast is fantastic. She has 27 years' experience in the global oil and gas industry, with positions and responsibilities extending across North America, Africa, Europe, Asia, and Australia. Weekend Paper is for The Weekend Australian delivered on a Saturday. Prior to joining Woodside . [1] It is a public company listed on the Australian Securities Exchange and has its headquarters in Perth, Western Australia. by Corporate Affairs, Security and Guided by our commitment to sustainability, were transforming the way we operate to ensure we make a positive difference. By Peter Milne. Prior to joining Woodside, Meg held the position of Vice President, Africa for ExxonMobil Development Company based in Houston, where she was responsible for ExxonMobils major projects across Africa, including Angola, Nigeria, Tanzania and Mozambique. Log in, register or subscribe to save articles . "By advocating for diversity and inclusion at work and beyond, the work of Spectrum members has set a positive example for not only other LGBTI+ employees but for . Meg O'Neill was appointed as Chief Executive Officer on 17 August 2021. Member of the Human Resources & Guided by our commitment to sustainability, were transforming the way we operate to ensure we make a positive difference. The crown atop Mia Yellagonga, meg o'neill woodside familypapa smurf tattoo. The polluting f law in the safeguard mechanism | The Saturday Paper But not a 42 km road race. notes: This took an enormous effort Louie Douvis "I always want to learn, I always want to grow, I always want to challenge myself, and I guess there. Our three strategic pillars oil, gas and new energy each have a role to play. The coming year represents a turning point for Meg O'Neill's Woodside, as the gas and oil major moves closer to financial sign-off on mega-projects that stand to keep the energy flowing for . It is not known if she was at home at the time of the alleged theft. The two expensive cars have since been recovered, with the Jeep damaged in a crash in Victoria Park the day after the theft. It explains that if you do not provide us with information we have requested from you, we may not be able to provide you with the goods and services you require. milestone in its five-year roadmap fromawareness to advocacy to eventual We provide energy the world needs to heat and cool homes, keep lights on and enable industry. Jacky notes: We dont discriminate Drilling of the first well in the Sangomar Phase One Development has begun and was well on the way to completion as Trunkline went to Press in late September. See www.theaustralian.com.au/subscriptionterms for full details. Each payment, once made, is non-refundable, subject to law. Shaun has over 25 years industry experience and leads Woodsides value chain from Exploration acreage capture and evaluation, through Appraisal and Development concept selection. when it comes to talent. The acquisition of BHP assets increased Woodside's presence in the Gulf of Mexico, and the firm will "continue to be looking for opportunities there," CEO Meg O'Neill said in a phone . Regular chances to win incredible prizes like luxury getaways and sports tickets with our subscriber exclusive competitions. Copyright 2023 S&P Global. cultural change. Get the news you want delivered to your inbox. Shaun is a member of Deans Council for the faculty of Engineering, Computing and Mathematics at UWA and is a Board member of Scitech WA. Meg O'Neill Chief Executive Officer at Woodside Energy Greater Perth Area 5K followers 500+ connections Join to view profile Woodside Energy Massachusetts Institute of Technology Activity. announced a controversial new door policy. Prior to joining BHP, Andy spent 15 years with Marathon Oil Corporation working throughout the value chain, holding roles including Gulf of Mexico Appraisal Manager and Predevelopment Manager for Poland. MELBOURNE, Aug 20 (Reuters) - Woodside Petroleum WPL.AX is paying new CEO, Meg O'Neill, around 25% less than her predecessor, even as she embarks on sealing a deal to double the . Supported by its widening range of LNG customers, Woodside has also doubled down on its conviction that gas will play a vital role in the transition to low-carbon energy, particularly in its primary target market of energy-hungry north Asia. Woodside Energy Group Ltd. est la recherche de M&A. Marguerite O'Neill, Chief Executive Officer et Managing Director, a dclar : "Nous restons donc bien sr ouverts aux opportunits de . Earlier in his career, Tony held the role of Assistant Director of the Australian Institute of Petroleum, and was a Media Relations and Policy Adviser before becoming Principal Adviser to then Premier of Victoria, The Hon Jeff Kennett MP. Credit Suisse analyst Saul Kavonic says ONeill is proving her credentials as she leads what is now a global company, with additional opportunities but also expectations to match. Each payment, once made, is non-refundable, subject to law.