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AAP
AAP
Business
Derek Rose

Woodside to proceed with $10.6b oil project off Mexico

Woodside Oil Meg ONeill Mexico Woodside Energy Alex Hillman Pemex Gulf of Mexico
Meg O'Neill says Woodside Energy is moving ahead with a deepwater oil field in the Gulf of Mexico. (Lukas Coch/AAP PHOTOS) (AAP)

Woodside Energy is moving ahead with a $US7.2 billion ($A10.6b) plan to develop a large deepwater oil field in the Gulf of Mexico.

It will be the company's first major investment since acquiring BHP's petroleum assets last year, and one that is drawing criticism from environmental groups.

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