Woodside Energy Launches Trion Drilling Campaign, Testing Mexico Oil Bet Amid CEO Search
Woodside Energy has begun drilling at the $7.2 billion Trion oil field with Pemex, targeting first oil in 2028. The campaign will drill 24 wells tied to a floating production unit, with capacity for 100,000 barrels per day. The Deepwater Thalassa drillship entered Mexican waters on March 5. Woodside owns 60% of Trion and approved the project in 2023.