Oct 22 (Reuters) - Woodside Petroleum Ltd WPL.AX :
* QTRLY DELIVERED PRODUCTION OF 25.3 MMBOE, UP 2% FROM Q3 2019
* QTRLY SALES REVENUE OF $699 MILLION, DOWN 9% FROM Q2 2020 AND 42% FROM Q3 2019.
* ORGANISATIONAL REVIEW OF CO'S FUTURE WORKFORCE RESULTING IN AN APPROXIMATELY 8% REDUCTION IN SIZE OF DIRECT EMPLOYEE WORKFORCE.
* PHASE 1 DEVELOPMENT OF SANGOMAR FIELD REMAINS ON TRACK FOR TARGETED DELIVERY OF FIRST OIL IN 2023
* QTRLY TOTAL PRODUCT SALES 26.7 MMBOE VERSUS 23.3 MMBOE
* PRICING IN Q4 AND IN Q1 2021 EXPECTED TO BE STRONGER GIVEN IMPROVEMENT IN OIL PRICE IN RECENT MONTHS
* TARGETING FINAL INVESTMENT DECISION IN H2 2021 FOR SCARBOROUGH AND PLUTO TRAIN 2
* WOODSIDE PETROLEUM SEES NORTH WEST SHELF PROJECT EXTENSION EXECUTION OF FULLY TERMED, BINDING GAS PROCESSING & OTHER AGREEMENTS TARGETED FOR Q4
* TARGETING READY FOR START-UP IN 2022 FOR PLUTO-KGP INTERCONNECTOR
* EXPECTED THAT PERCENTAGE OF PRODUCED LNG SOLD ON A SPOT BASIS FOR FULL YEAR WILL BE ABOUT 30%