REG - Woodside Energy Grp. - Bumi appeal dismissed

Woodside EnergyAnnouncement

24/06/2022 07:00

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RNS Number : 0926Q  Woodside Energy Group Ltd  24 June 2022

 

Woodside Energy Group Ltd.

ACN 004 898 962

Mia Yellagonga

11 Mount Street

Perth WA 6000

Australia

T +61 8 9348 4000

www.woodside.com

 

ASX: WDS

NYSE: WDS

LSE: WDS

 

Announcement

 

Friday, 24 June 2022

 

 

BUMI APPEAL DISMISSED

 

Woodside and Armada Balnaves Pte Ltd (Bumi) have been engaged in the Western
Australian Supreme Court proceedings brought by Bumi (Armada Balnaves Pte Ltd
v Woodside Julimar Pty Ltd CIV/1408/2016) with respect to Woodside's
termination in March 2016 of the services agreement for the Armada Claire
FPSO.

 

The Supreme Court trial was held in February - March 2019. The Supreme Court
found in favour of Woodside in January 2020 and dismissed Bumi's claim.

 

Bumi subsequently appealed the Supreme Court's decision to the Western
Australian Court of Appeal (CACV/31/2020), and the appeal was heard in July
2021.

 

In a judgment issued today, the Court of Appeal has found in favour of
Woodside and dismissed Bumi's appeal.

 

 

 Contacts:

 INVESTORS                  MEDIA

 Damien Gare                Sally Knight

 W: +61 8 9348 4421         M: +61 0431 964 646

 M: +61 417 111 697         E: sally.knight@woodside.com

 E: investor@woodside.com

 

This announcement was approved and authorised for release by Woodside's
Disclosure Committee.

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