Oil and gas major Woodside has reported record production for the first six months of the 2020 financial year, despite unprecedented disruptions to the company’s operations and markets with the onset of the Covid-19 pandemic.
Production in the first half of the year reached 50.1-million barrels of oil equivalent, up from the 39-million barrels in the first half of last year. However, the miner has reported a net loss after tax of $4.06-billion for the period, on the back of impairment losses as oil prices tumbled.