Woodside's quarterly revenue almost halves

WOODSIDE Petroleum's third quarter sales revenue has almost halved as the energy giant declined to address speculation of an increased Oil Search bid.

SYDNEY, Oct 15 AAP - Weak oil prices have hit Woodside Petroleum's third quarter revenue as the energy giant weighs up a takeover bid for Oil Search.

THE company's revenue for the three months to September 30 was $US1.086 billion ($A1.49 billion), down 44.6 per cent on the $US1.959 billion ($A2.68 billion) for the prior corresponding period.