Bumi appeal dismissed

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

 

Damien Gare

W: +61 8 9348 4421

M: +61 417 111 697

E: investor@woodside.com

MEDIA

 

Sally Knight

M: +61 0431 964 646

E: sally.knight@woodside.com


 

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

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