Woodside Energy has placed its Beaumont New Ammonia facility (see map below) under strategic review and is evaluating its options for the site, the company said during its H1 2026 earnings presentation on August 25.
As detailed in this week’s Hydrogen Billboard, CEO Liz Westcott said the company’s assets “must all compete for capital equally,” and that new energy opportunities must be supported by clear customer demands and commercial markets and compete for capital with other investment opportunities.
“Beaumont New Ammonia is a high-quality asset, and it is now in operation, and it is approaching important milestones over the course of 2026. The asset, though, was acquired in a different global environment to the one we are in today,” she said. “It is important, I think, to reflect the changes that we have had in the last 12 months, and that is why we have announced the strategic review of the asset. We are going to look at all options to determine the best value option for Woodside. There is no determined pathway today.”
