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Mar 9, 2026 12:01 PM

Woodside Begins Trion Drilling, Eyes First Oil By 2028

On Monday, Woodside Energy Group Ltd. (NYSE:WDS) announced that the company has officially commenced drilling at the Trion Field, a major ultra-deepwater project in the Gulf of Mexico, in partnership with PetrĂ³leos Mexicanos (PEMEX).

This marks a significant milestone. It follows the project’s Final Investment Decision (FID) made in 2023.

Acting CEO Flags Strategic Value for Mexico

Woodside Acting CEO Liz Westcott highlighted the project’s national importance.

“The start of the drilling program represents a milestone for the Trion Project and for Mexico’s deepwater oil and gas sector,” Westcott said.

“It underscores the strength of our collaboration with PEMEX and our shared commitment to delivering this world-class project safely and efficiently.”

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