Australia’s largest oil and natural gas producer Woodside Energy Group Ltd. continues to make progress on the massive Trion development offshore Tamaulipas in northeastern Mexico.

Trion

The company reached a final investment decision (FID) on the project in June. 

“Following FID, Woodside executed a contract with South Korea’s Hyundai Heavy Industries for the construction of the Trion floating production unit,” CEO Meg O’Neill said in the company’s first half earnings report. “We are looking forward to the approval of the Trion field development plan, expected to be announced by the Mexican regulator in the second half of the year.”

The Trion semi-submersible floating production unit would be capable of producing and transferring 100,000 b/d to a floating storage and...