Woodside Energy (formerly Woodside Petroleum) is an Australian energy company founded in 1954, now a top 10 global independent oil and gas producer. Its journey includes major discoveries like the North West Shelf and Pluto, strategic mergers, and rebranding to reflect its global ambition.
Woodside Petroleum Ltd is incorporated in Perth, Western Australia, initially as a small oil and gas explorer. #corporate #history
Woodside raises initial capital of £200,000 via a share issue, funding early exploration activities. #finance #capital
Woodside acquires exploration permits in the Carnarvon Basin off Western Australia, setting the stage for future discoveries. #exploration #oil
Woodside drills its first well, but results are unsuccessful. Nevertheless, the effort marks the beginning of its exploration campaign. #exploration #well
Woodside discovers the giant North Rankin gas field, a cornerstone of the North West Shelf Project. #gas #discovery
Woodside discovers the Goodwyn gas field, which later becomes part of the North West Shelf development. #gas #discovery
The Australian government approves the North West Shelf (NWS) Project, a joint venture including Woodside, Shell, BHP, and others. #energy #project
The North West Shelf Venture delivers its first liquefied natural gas (LNG) cargo to Japan, marking Australia's entry into LNG exports. #LNG #trade
Woodside Petroleum lists on the Australian Stock Exchange (ASX), providing public capital for expansion. #finance #ipo
The North West Shelf Venture begins long-term LNG supply contracts with Japanese utilities, becoming a major supplier. #LNG #trade
Production begins from the North Rankin platform, the first major gas production facility on Australia's North West Shelf. #production #gas
The NWS joint venture approves Train 2 and Train 3 LNG expansions, doubling export capacity. #expansion #LNG
Woodside and partners discover the Cossack and Wanaea oil fields, leading to the development of the Cossack Pioneer floating production facility. #oil #discovery
Woodside and partners approve the expansion of the North West Shelf Venture to include additional LNG trains, increasing capacity. #expansion #LNG
First oil from the Cossack field via the Cossack Pioneer floating production, storage, and offloading (FPSO) vessel. #production #oil
Royal Dutch Shell launches a hostile takeover bid for Woodside, but the Australian government blocks it on national interest grounds. #takeover #blocked
Woodside takes over as operator of the North West Shelf Venture from Shell, cementing its role as a leading Australian energy producer. #operations #leadership
Woodside discovers the Pluto gas field, a major find that will later support a standalone LNG development. #gas #discovery
Woodside acquires a 55% stake in the Otway Basin gas project in Victoria, expanding its domestic gas portfolio. #acquisition #gas
Woodside announces the final investment decision for the Pluto LNG project, including a single-train liquefaction plant. #LNG #investment
Woodside announces significant reserve additions through exploration and acquisitions, maintaining a stable reserve life. #reserves #exploration
Construction of the Pluto LNG plant is completed on time and on budget, a rare achievement in large-scale projects. #construction #energy
Woodside launches extensive training programs for Pluto LNG, focusing on local workforce development in Western Australia. #training #community
Peter Coleman becomes CEO of Woodside, leading the company through a decade of growth and international expansion. #leadership #ceo
Woodside acquires a 15% stake in the Browse LNG project, a major development offshore Western Australia. #acquisition #LNG
Pluto LNG reaches plateau production of 4.3 million tonnes per annum, contributing significantly to Woodside's revenue. #production #LNG
Woodside sells a 14.7% interest in the North West Shelf Venture to a consortium led by Global Infrastructure Partners for $2.75 billion. #divestment #finance
Woodside acquires Apache's interest in the Wheatstone LNG project and other assets for $2.75 billion, expanding its portfolio. #acquisition #energy
Woodside partners with Senegal’s Petrosen to develop the Sangomar oil field, marking entry into West Africa. #oil #international
Woodside achieves first oil from the Greater Enfield project off Western Australia, a subsea tie-back to the Ngujima-Yin floating facility. #production #oil
Woodside delays the final investment decision on the Scarborough gas field pending improved market conditions and regulatory approvals. #gas #decision
Woodside sells its 30% stake in the Browse LNG project to Japan's Mitsubishi and Mitsui for $1.5 billion, streamlining its portfolio. #divestment #LNG
Woodside confirms merger discussions with BHP's petroleum division, but the deal is terminated in 2020 due to complexity. #merger #negotiations
Woodside approves the $16.5 billion Scarborough gas project and expansion of Pluto LNG Train 2, unlocking a new growth phase. #investment #LNG
Meg O'Neill succeeds Peter Coleman as CEO, becoming the first woman to lead Woodside and steering the company toward energy transition. #leadership #diversity
Woodside Petroleum changes its name to Woodside Energy Group Ltd, reflecting its broader energy portfolio and commitment to low-carbon future. #rebrand #energy
Woodside acquires BHP's petroleum assets in an all-scrip merger, creating a top 10 global independent energy company with significant production. #merger #oilandgas
Woodside fully integrates BHP's petroleum assets, including the Bass Strait and Gulf of Mexico operations, becoming a diversified global player. #integration #global
Woodside and partners finalize the investment decision for Sangomar Phase 1, targeting first oil by mid-2024. #oil #africa
Woodside sells a 10% interest in the Scarborough project to LNG Japan for $2.65 billion, strengthening Japanese ties. #partnership #LNG
Sangomar achieves first oil, making Senegal an oil-producing nation and boosting Woodside's West African presence. #oil #milestone
Woodside agrees to acquire EnVen Energy's deepwater Gulf of Mexico assets for $1.2 billion, expanding into a new basin. #acquisition #gulfofmexico
Woodside unveils its climate strategy, aiming for net-zero emissions by 2050, with interim targets for 2030. #climate #sustainability
Scarborough project remains on track for first LNG in 2026, with fabrication of the floating production unit underway. #LNG #future