Overview
- Full-year net income reached $5.2 billion, up 3% year on year, marking the company's highest annual profit.
- The board confirmed a $3.584 billion FY2025 dividend, with the final $896 million payment expected in April 2026 pending AGM approval after earlier September and December payouts.
- Capital expenditure nearly doubled to $3.6 billion in 2025 as phase one of the Rich Gas Development launched, IGD–E2 was commissioned, and work advanced on the Estidama pipeline.
- Management targets a Q1 2026 Final Investment Decision for RGD phases two and three, supporting a plan to lift processing capacity by about 30% by 2029.
- Domestic operations drove resilience with EBITDA up 10% on 4% higher sales volumes, while Q4 net income eased to about $1.17 billion due to weaker export pricing and planned maintenance.