Purpose, strategy & values
STRATEGY FOR SUCCESS
Our strategy is underpinned by a portfolio of world-class assets, industry-leading technology and a prudent approach to capital allocation.
Society's trusted energy partner
Our mission and vision
Deliver affordable energy solutions and superior outcomes for stakeholders
Energy growthWe are progressing new gas and energy projects in the Pilbara. This involves the development of the Scarborough and proposed development of the Browse offshore gas fields, as well as a number of onshore expansion and third-party processing opportunities that will utilise existing and proven facilities at Pluto LNG and the NWS Project. These projects will ensure the continued supply of domestic and export energy, providing significant economic and community benefits for decades to come. Final investment decisions (FID) were approved for the Scarborough and Pluto Train 2 projects, including the construction of new domestic gas facilities in the second half of 2021. Project execution activities are well advanced for the Sangomar Field Development Phase 1 offshore Senegal, targeting first oil in 2023.
Successful energy transition
We are focused on providing affordable energy solutions that deliver enduring value to shareholders, communities, governments and other stakeholders. We aim to thrive through the energy transition by building a low-cost,
lower-carbon, profitable, resilient and diversified portfolio. Our climate strategy is
an integral part of our company strategy. Woodside recognises that a decarbonising world requires
low-cost and lower-carbon energy. As well as managing
our net equity Scope 1 and 2 greenhouse gas emissions,
our approach includes growing our portfolio of new energy
opportunities focusing on hydrogen and ammonia projects and building capability as we develop the
market for lower-carbon products and services.
Everything we do is guided by the Woodside Compass
The Compass defines the fundamental values that make us who we are, our pioneering spirit that has underpinned more than 65 years of achievement. The Compass also provides clear direction on where we are going, and how we will get there.
We believe that by doing what's right, by living our values every day, we can perform to our very best.