WDS 1.24% $25.36 woodside energy group ltd

The most significant opportunity for WDS is in the upstream...

  1. 126 Posts.

    The most significant opportunity for WDS is in the upstream infrastructure construction. The 430+km pipeline to Curtis Island by Macdow is only part of the puzzle. WDS is a builder, not a designer as is Worley Parsons. The gathering systems and upstream trunklines and pipelines Worley will be designing constitute a much larger work package than the export pipeline, yet to be awarded. This is what WDS and others will be hanging out for.
    Whether or not WDS is directly contracted for this construction work is irrelevant. You look at the probability of WDS NOT winning work in the upcoming market to BG or others then make your decision. I'm all invested in SDL so don't hold here.
 
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