FEnEx CRC welcomes Woodside Energy as a new Core Participant

Woodside Energy today became a Core Participant of the Future Energy Exports Cooperative Research Centre (FEnEx CRC), joining a collaboration of more than 27 industry, government and research organisations working on the knowledge and technologies needed to lower the carbon emissions associated with the energy Australia supplies to millions of people overseas.

Over the next nine years, Woodside will invest more than $1.35 million into applied research and demonstration projects conducted through the FEnEx CRC, with a primary focus on growing clean hydrogen production and the supply chains needed to establish its export. This investment will complement and support Woodside’s plans to establish the proposed H2Perth ammonia and liquid hydrogen project in Kwinana, Western Australia, and their H2TAS renewable ammonia project, proposed for Long Reach in Tasmania’s Bell Bay area.

FEnEx CRC research is supported by a grant from the Commonwealth Department of Industry, Science, Energy and Resources through the Cooperative Research Centres program. The CRC will champion industry-led research, education and training to strengthen the sustainability of the LNG sector and develop a world-leading hydrogen export industry in Australia.

FEnEx CRC Chair Professor Eric May said he was pleased to welcome Woodside into the FEnEx CRC.

“Woodside has an incredibly strong track record of developing and delivering Australia’s energy resources to both domestic and international customers.

“They are a long-term innovator when it comes to solving technical challenges. Our Cooperative Research Centre looks forward to working with them on hydrogen exports, LNG decarbonisation, and the development of even more efficient operations to help keep energy costs low.”

Woodside Executive Vice President Sustainability Shaun Gregory said that the objectives and focus areas of the FEnEx CRC align with Woodside’s vision to deliver affordable energy solutions.

“Woodside is focused on being a low cost, lower-carbon supplier of energy into Asia and other markets. Alongside LNG, part of this focus includes developing the new energy products of the future, such as hydrogen.

“Australia has the potential to become a globally significant supplier of hydrogen and Woodside looks forward to contributing our expertise as an LNG operator to the FEnEx CRC’s work to develop this new industry.”

Western Australia’s Minister for State Development Roger Cook congratulated Woodside on becoming the latest member of the LNG Jobs Taskforce to join the FEnEx CRC.

“The FEnEx CRC is an important initiative for the LNG Jobs Taskforce with the state contributing $10 million over 10 years, to assist with maintaining our position as an international leader in LNG exports.”

“By supporting FEnEx CRC’s innovative research program, our state will become a significant hydrogen exporter, bringing with it opportunities for investment, innovation and more jobs for Western Australians.

“This program is in line with the energy transition and changes in the global environment, and will support the development of our hydrogen industry.”

About Woodside

Woodside led the development of the LNG industry in Australia and is applying this same pioneering spirit to solving future energy challenges. The company is recognised for its world-class capabilities as an integrated upstream supplier of energy with a focus on LNG, which is a lower-emissions, competitive fuel ideally suited to supporting decarbonisation and improving air quality. Woodside is working to improve its energy efficiency, reduce and offset emissions, and explore options for lower-carbon energy (including hydrogen) in line with its aspiration to achieve net zero by 2050. Woodside seeks out opportunities to improve business performance through innovative thinking and applying technologies developed outside its industry.

Media Contact: Professor Eric May +61 8 6488 2954

Email: [email protected]

For more information on FEnEx CRC: www.fenex.org.au