We have a clear strategy to deliver superior shareholder returns across three distinct time horizons. These horizons are characterised by cash generation from 2017, unlocking value from 2022, and repeating our successes from 2027.

Our global exploration portfolio is balanced across established, emerging and frontier provinces covering Australia and the Asia-Pacific region, the Atlantic margins and sub-Saharan Africa. Currently, we are focused on drilling to grow our resource volumes.

We have significant equity interests in high-quality development opportunities in Australia (Wheatstone, Scarborough and Browse), Senegal, Myanmar and North America (Kitimat), and are pursuing new concepts and technology to enable cost-effective commercialisation of these resources.

Our producing assets include the landmark North West Shelf Project, Pluto LNG and non-operated Wheatstone LNG. Our operated assets are renowned for their safety, reliability and efficiency. As Australia's leading LNG operator, we produce 6% of global LNG supply, and operate a fleet of floating production storage and offloading (FPSO) facilities.

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Our Story - feature quote banner
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.


We continue to expand our capabilities in marketing, trading and shipping and have enduring relationships that span more than 25 years with foundation customers throughout the Asia-Pacific region.

Woodside continues to promote the use of LNG as a low-emissions and economically viable alternative fuel. Today we are also pioneering remote support and the application of artificial intelligence, embedding advanced analytics across our operations and making improvements in additive manufacturing.

Woodside demonstrates strong safety and environmental performance in all its operations. We are committed to upholding our values of integrity, respect, working sustainably, discipline, excellence 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 long-term, meaningful relationships with communities are fundamental to maintaining our licence to operate. We help create stronger communities through programs that improve knowledge, build resilience and create shared opportunities.

More about our strategy
Exploration interests
Burrup Hub
Senegal
Myanmar
Canada

A history of achievement

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1955 - Drilling for Oil in Gippsland
1954
Woodside (Lakes Entrance) Oil Co. NL is registered and adopts the name of the town of Woodside in Victoria, Australia which is close to its oil leases.
1956 - Gippsland waits for a Gusher
1956
Woodside secured the first offshore exploration license to be granted in Victoria: a 2600sqkm stretch off Ninety Mile Beach that extended 2km into Bass Strait, off southern Australia.
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1957
Woodside drills to world-record water depths in the Bass Strait off southern Australia.
1963
Woodside pays £100 for a permit to explore 370,000km2 off the Western Australian coast, resulting in the formation of the original North West Shelf Venture between the Burmah Oil Company of Australia, Shell Development Australia and Woodside.
1968 - Drillers at work on the Glamor Tasman
1964
The first aeromagnetic surveys are conducted over the North West Shelf.
1968 - The Glamor Tasman
1968
Woodside finds first oil at the Legendre field on the North West Shelf.
1971 - North Scott Reef-1 maps and seismic charts
1971
Woodside makes major gas and condensate discoveries at Scott Reef, north of Broome, and at North Rankin and Angel, north of Karratha on the North West Shelf.
1971 - Testing an oil sample Ocean Digger - Copy
1972
The Goodwyn gas and condensate field is discovered, west of North Rankin on the North West Shelf. The North West Shelf fields provided the basis of the A$19 billion North West Shelf Project, then Australia's largest resource project.
1973 - A helicopter lands on the Ocean Digger
1973
Woodside discovers the Lambert oil fields on the North West Shelf.
1974 - Timor Leste Foreign Minister on Big John drilling rig
1974
The Sunrise and Troubadour gas fields are discovered in the Timor Sea, north-west of Darwin.
1977
Woodside Executive Director Ric Charlton and WA Premier Sir Charles Court announce agreement on key terms and conditions for the North West Shelf Project.
1979 - The Regional Endeavour production testing on the NWS
1979
State and Commonwealth governments give environmental approval for the commencement of the North West Shelf Gas Project. The Brecknock gas and condensate field is discovered adjacent to Scott Reef.
1980 - The young roughknecks North Rankin A
1980
The North West Shelf Project participants sign the contracts for the long-term supply of gas to Western Australian customers. Construction starts at the onshore plant on the Burrup Peninsula, North Rankin A platform and the 134 km subsea pipeline to shore.
1984
First gas is received onshore via the subsea trunkline from the North Rankin platform. North Rankin A is the world's largest fixed leg platform.
1985
The North West Shelf Joint Venturers sign the formal liquefied natural gas (LNG) sales agreement with eight Japanese gas and power companies. Construction starts on the first two LNG processing trains, storage tanks and loading facilities at the Karratha onshore gas plant.
1988 1 Adelaide Terrace
1988
Woodside cements its Perth presence by opening a new purpose-built office at 1 Adelaide Terrace.
1989 first cargo of Australian LNG on The Northwest Sanderling
1989
The first LNG cargo from the North West Shelf Project arrives in Tokyo, Japan on board The Northwest Sanderling.
1990 - Production testing the Yodel-1 discovery well - Copy
1990
The Woodside-operated North West Shelf Project discovers the Cossack oil field and the Yodel gas and condensate field.
1992 - The Western Legend - Copy
1992
The Western Legend, one of the world's most sophisticated sesimic vessels of the day, began what was the biggest 3D seismic program ever undertaken in Australia.
1994 - The Ocean General drill the Laminaria discovery well
1994
Woodside discovers the Laminaria oil field in the Timor Sea.
1999 - David Warner holds a bottle of Laminaria oil - Copy
1999
The Laminaria field produces its first oil through the Northern Endeavour FPSO vessel. Woodside discovers the Enfield oil field in Western Australia. The North West Shelf Project delivers its 1000th LNG cargo to Japan.
2000 - signing of the first LNG expansion Letters of Intent 2
2000
The long-running negotiations with the Japanese LNG Buyers for a major expansion of the (NWS) LNG project accelerated towards a successful conclusion in late 2000 when the first of several Letters of Intent were signed with existing customers.
2001 - Charles Goode addresses the 2001 AGM
2001
Woodside builds a venture capital vehicle to invest in early stage green technologies.
2002 - Chinese officials sign LNG deal
2002
The Woodside-operated North West Shelf Project wins a 25-year contract to supply LNG to China.
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2004
Woodside moves into new headquarters at 240 St Georges Terrace, Perth.
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2005
Woodside discovers the Pluto gas field in the north-west of Western Australia.
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2006
The Nganhurra FPSO (Enfield) begins production.
Pluto Project Site A 1 Dec 07 002
2007
Construction commences on Pluto LNG.
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2008
2008 Woodside starts production from the fifth LNG processing train at the Karratha onshore gas plant. Production starts from the fifth LNG processing train at the Karratha. The Ngujima-Yin FPSO (Vincent) begins production.
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2009
The Woodside-operated North West Shelf Project commissions the Angel gas platform. Pluto LNG commissions the Woodside Donaldson LNG vessel.
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2011
The Okha FPSO is commissioned for the North West Shelf Project, replacing the Cossack Pioneer.
2012
Woodside’s Pluto LNG begins production and delivers its first cargo to Japan. The North West Shelf Project delivers its 3500th LNG cargo.
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2013
The North Rankin Redevelopment Project achieves start-up, with a second facility installed alongside the existing North Rankin A platform on the North West Shelf. Pluto LNG commissions the Woodside Rogers LNG vessel.
2014
Woodside celebrates its 60th anniversary. The North West Shelf Project marks 30 years of domestic gas production and 25 years of LNG exports.
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2015
Woodside Closes Purchase of Apache Interests in Kitimat Asset - Canada
Woodside - Mia Yellagonga-41 [Image by Jarrad Seng]
2018
Woodside moves to our state-of-the-art new headquarters, including a 31-storey office tower with campus-style facilities, close to the Swan River and Kings Park.
Find out more
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Purpose & Strategy
Our vision is to deliver superior shareholder returns by becoming a global leader in upstream oil and gas.
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Burrup Hub
Our vision is bold but simple: bringing new resources through our existing facilities in Australia's north-west.
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Climate Change
The climate is changing, and it's up to all of us to respond. Woodside is committed to being part of the solution.
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Innovation
From the first LNG plant in the southern hemisphere, to the world’s first not-normally manned offshore platform, Woodside has long been a leader in oil and gas technologies.