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Our Business

Woodside is an Australian oil and gas company with a global presence, recognised for its world-class capabilities – as an explorer, a developer, a producer and a supplier.

Our operations are characterised by strong safety and environmental performance in remote and challenging locations.

We recognise that long-term meaningful relationships with communities are fundamental to maintaining our licence to operate, and we work to build mutually beneficial relationships across all locations where we are active.

Our producing LNG assets in the north west of Australia are among the world’s best facilities. Today, our exploration portfolio includes emerging and frontier provinces in Australasia, the Atlantic margins and Sub-Saharan Africa. We have significant equity interests in high-quality development opportunities.

We are Australia’s most experienced LNG operator and largest independent oil and gas company.
Our proven track record and distinctive capabilities are underpinned by 60 years of experience, making us a partner of choice.

Through collaboration we leverage our capabilities to progress our growth strategy. Since 1984, we have been operating the landmark Australian project, the North West Shelf, and it remains one of the world’s premier LNG facilities. In 2012, we added our Pluto LNG Plant to our onshore operating facilities.

We operate four floating oil production, storage and offloading vessels in the Carnarvon Basin, the North West Shelf and the Timor Sea. This is the largest owner-operated fleet in Australia and we have an excellent track record of efficiently and safely producing from current fields.

We are also growing our portfolio through acquisitions while maintaining a disciplined approach to ensure that we continue to increase shareholder value and appropriately manage risk.

We also have interests in Canada and Timor-Leste and a dedicated office in Singapore to support our growing LNG marketing, trading and shipping activities.

Known as a reliable and safe energy supplier, our enduring relationships with foundation customers throughout the Asia-Pacific region span more than 25 years.

We believe technology and innovation are essential to unlocking future growth. We continually expand our technical knowledge, discover new solutions and learn valuable lessons. Our knowledge has been built through decades of experience, dating back to the world-record water depths of wells we have drilled in offshore southern Australia in the 1950s.

We are open and honest in our relationships. Sharing ideas and aspirations we have the courage to always do the right thing for our people, partners, customers and communities.
2010 Annual Report​​