Woodside is one of Australia’s top ten companies by market capitalisation, and the nation’s largest publicly-traded oil and gas exploration and production company. Based in Perth, Western Australia, Woodside has major operational assets and exploration and development interests in five continents including Australia and the United States. In 50 years we have grown from a pioneer oil and gas explorer to Australia’s largest independent producer of oil and gas and one of the world’s largest producers of LNG.
Woodside operates Australia’s largest resources project, the North West Shelf Venture in Western Australia, which produces about 40 per cent of Australia’s oil and gas. In 2010, Woodside will complete construction of its $12 billion Pluto LNG Project near Karratha – Australia’s second biggest resources project. Woodside is also seeking to progress its Sunrise LNG development in the Timor Sea and the Browse LNG development in northern Western Australia.
With a proved plus probable reserves to production ratio of 25 years at 2007 production rates, Woodside is poised to help meet growing global demand for clean energy.