Woodside is the pioneer of the LNG industry in Australia and the largest Australian natural gas producer.
We have a global portfolio and are recognised for our world-class capabilities as an integrated upstream supplier of energy.
We have a clear strategy to deliver superior shareholder returns across three distinct time horizons, characterised by cash generation from 2017, unlocking value from 2022, and repeating our successes from 2027.
We are delivering on our strategy, creating an integrated LNG production centre on the Burrup Peninsula. Building on more than 30 years of operations in Western Australia, we are progressing development of the Scarborough and Browse gas resources through our producing assets, the Woodside-operated Pluto LNG and North West Shelf (NWS) Project.
Our operated assets are renowned for their safety, reliability and efficiency and we have a strong track record in project development. As Australia's premier LNG operator, we produce 6% of global LNG supply. We operate two floating production storage and offloading (FPSO) facilities. We also have a participating interest in Wheatstone LNG, which started production in 2017.
We have overcome some incredible challenges to be where we are today. Now, we draw on our pioneering spirit as we embrace the opportunities ahead.
Across our oil and gas portfolio, we have significant equity interests in high-quality development opportunities in Senegal (SNE), Myanmar, Canada (Kitimat) and Timor-Leste / Australia (Sunrise). We are pursuing new concepts and technology to enable cost-effective commercialisation of these resources. We have a renewed exploration plan with a more focused and opportunistic approach across established, emerging and future growth hubs in Australia, Myanmar, Senegal, Gabon, Peru and Bulgaria.
We continue to expand our capabilities in marketing, trading and shipping and have enduring relationships that span 30 years with foundation customers throughout the Asia-Pacific region.
Technology and innovation are essential to our long-term sustainability. Today we are pioneering remote support and the application of artificial intelligence, embedding advanced analytics across our operations while recognising digital security issues. We are working to improve our energy efficiency and to support the use of LNG as a low-emissions and economically viable fuel.
Woodside demonstrates strong safety and environmental performance in all its operations. We are committed to upholding our values of integrity, respect, discipline, excellence, working sustainably and working together. Our success is driven by our people, and we aim to attract, develop and retain a diverse, high-performing workforce.
We recognise that enduring, meaningful relationships with communities are fundamental to maintaining our licence to operate. We actively seek to build relationships with stakeholders who are interested in and affected by our activities. We help create stronger communities through programs that improve knowledge, build resilience and create shared opportunities.
Our proven track record and distinctive capabilities are underpinned by almost 65 years of experience, making us a partner of choice.