Woodside Energy chief executive Meg O’Neill says investors have not questioned the strategy behind the $1.35 billion acquisition of a massive US LNG development, despite most shareholders rejecting the oil and gas major’s climate plan three months ago.
Speaking a day after Woodside announced a deal to buy Houston-based Tellurian, which has driven a slump in the oil and gas producer’s share price, Ms O’Neill said the feedback from investors was focused on technical issues – not the justification for the move.