05:43 AM EDT, 05/14/2025 (MT Newswires) -- Woodside Energy Group ( WDS ) said late Tuesday it signed a nonbinding collaboration deal with Saudi Arabia's Aramco to explore global opportunities, including Aramco potentially acquiring a stake in and liquefied natural gas offtake from Woodside's Louisiana LNG project.

The companies are also exploring a potential collaboration on lower-carbon ammonia.

Woodside said it is targeting first LNG from the project in 2029.

The company's shares were up 1.4% in recent premarket activity Wednesday.