Woodside affirms FY guidance as Pluto restarts

Company News


Woodside Petroleum Limited (ASX:WPL) has affirmed its annual output guidance while announcing its Pluto LNG Plant in Western Australia has restarted. 

The oil and gas producer temporarily shut-in production at the plant earlier this week after a submersible drilling rig under contract to another party drifted near Pluto flowlines.

The project processes gas from the Pluto gas field, located in the Carnarvon Basin about 190 kilometres north-west of Karratha. 

Looking ahead the company has maintained it expects to deliver production of between of 84 million to 91 million barrels of oil equivalent this year. 

Woodside Petroleum reported a net profit of $3.06 billion over the full 2014 calendar year.

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