WDS
- Woodside Energy Group Ltd
()
Overview
Company Summary
Woodside Energy Group Ltd (WDS) is an Australian company primarily engaged in the exploration, production, and sale of liquefied natural gas (LNG) and oil. As one of Australia's largest independent oil and gas producers, Woodside focuses on developing and operating major offshore gas and oil projects.
The company's core business involves exploring and identifying potential offshore reserves. Once reserves are found, Woodside employs advanced drilling and extraction techniques to recover the resources. These resources are then processed and transformed into LNG or oil for sale in domestic and international markets.
Woodside operates several major LNG projects, including the North West Shelf Project and Pluto LNG. The North West Shelf Project, located off the northwest coast of Australia, is one of the world's largest integrated oil and gas production systems. Pluto LNG, located offshore Western Australia, is another significant project contributing to Woodside's LNG production capacity.
In addition to its LNG operations, Woodside is also involved in oil production. The company operates the Burrup Hub, which encompasses several oil fields located off the northwest coast of Western Australia. The oil produced from these fields is refined and sold to global markets.
Woodside has expanded its operations beyond Australia, investing in international projects across countries like Canada, Myanmar, Senegal, and other potential hydrocarbon-rich regions. This global presence allows the company to extend its expertise and take advantage of new growth opportunities.
Overall, Woodside Energy Group Ltd plays a significant role in Australia's energy sector, actively contributing to the production and supply of LNG and oil both domestically and globally. The company's focus on innovation and sustainable practices underscores its commitment to meeting the world's energy demands while minimizing its environmental impact.