Floating and Production Storage Systems: Operational:
274
On Order:
42
Planned:
152
Available:
12
Woodside is Australia?s largest independent oil and gas company with world-class facilities and a history of achievement.
We believe that our longterm success depends not only on the oil and gas we produce, but on doing what?s right.
As we aspire to become a global leader in upstream oil and gas, we are guided by the Woodside Compass.
The Compass links Woodside?s core values ? respect, integrity, working sustainably, working together, discipline and excellence ? with our vision, mission and strategic direction.
Woodside has an extensive portfolio of facilities which we operate on behalf of some of the world?s major oil and gas companies.
We have been operating the landmark Australian project, the North West Shelf, since 1984 and it remains one of the world?s premier liquefied natural gas (LNG) facilities.
With the successful start-up of the Pluto LNG Plant in 2012, Woodside now operates six of the seven LNG processing trains in Australia.
Woodside also operates four oil floating production storage and offloading vessels in the Carnarvon Basin, North West Shelf and Timor Sea.
This is the largest owner-operated fleet in Australia with an excellent track record of efficiently and safely producing from current fields.
Driven by our world-class capabilities, we are committed to expanding our LNG portfolio through premium developments including the Browse Floating LNG (FLNG) Development.
Additionally, we are seeking to expand our exploration portfolio, both within Australia and globally, to generate future growth opportunities for the company.
We remain focused on strengthening our relationships with customers, co-venturers, governments and communities to ensure we are a partner of choice, and attain our vision of becoming a global leader in oil and gas.
Woodside has acquired a 40% participating interest in an exploration, exploitation and production sharing contract (EEPSC) for Block F15 in the Gabon Coastal Basin. Block F15 is located 140 km off the south-western coast of Gabon and covers over 2,700 km². Water depths range from 2,300 to 3,000 m.
Recent news headlines on the LNG sector in Australia seem to be centered around its unsustainable rising costs. Woodside Petroleum had to ditch plans last year for its Browse LNG plant, which had gone way over budget at an estimated cost of US$80bn.
Gabon's oil ministry said on Friday it had signed seven oil contracts with six companies as part of an offshore licensing round expected to attract at least $1.1 billion in investment to the sector. "(We) proceeded on August 8 with the signing of seven oil contracts with the companies Impact…
Buyback fails to win 75 percent support; Shell left with 13.6 pct stake in Woodside. Woodside opposes buyback to all shareholders on same terms, shares fall 1.8 pct. Woodside Petroleum Ltd failed to win shareholder approval to buy back $2.68 billion of its shares from Royal Dutch Shell Plc…
The Spanish government has given Repsol the green light to begin a $7-billion oil exploration project off the Canary Islands. Industry Ministry Jose Manuel Soria said last month that Repsol would start prospecting three months after approval was granted.
