Woodside Energy Group announced they posted their half-year underlying net profit after tax at a figure of US$1,896 million, displaying a rise from the US$1,819 million reported the year prior.

Furthermore, the company has declared an interim dividend of 80 US cents per share.

The net profit after tax for the half-year revealed itself as US$1,740 million, this reveals a growth when compared to the US$1,640 million reported in the same period the previous year.

With respect to ongoing projects, the Scarborough development was reported as 38% completed, while the Sangomar project reached a completion level of 88%.

An increase in ullage is predicted for KGP in 2024.

The Trion project and the Julimar-Brunello Phase 3 project have both received the final investment decision.

Other focuses for Woodside Energy Group (ASX:WDS) include reducing operating costs, finalizing further discussions between NWS and other resource billionaires for third-party gas processing, and the evaluation of infill and nearfield opportunities to utilize ullage at KGP.

Woodside Energy Group (ASX:WDS) is also pursuing opportunities to reduce Scope 1 greenhouse gas emissions at Pluto LNG by using solar energy from the proposed Woodside Solar Project.

Woodside Energy Group is an integrated energy company specializing in natural gas and conventional oil production.