March 19 (Reuters) - Woodside Petroleum Ltd WPL.AX :
* A NEW INCENTIVE STRUCTURE WILL BE INTRODUCED
* CHANGES ARE APPLICABLE TO AWARDS ALLOCATED IN 2019 FOR 2018 PERFORMANCE YEAR.
* COMPONENTS OF SCHEME INCLUDE 12.5% OF AWARD TO BE PAID IN CASH AND 87.5% TO BE PAID IN RESTRICTED SHARES AND PERFORMANCE RIGHTS