Woodside Petroleum Ltd. · Perth Australia
(Australian: WPL)
| 240 St Georges Terrace | Phone: +61-8-9348-4000 |
| Perth | Fax: +61-8-9214-2777 |
| 6000 | |
| Australia | 
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Chat NowWoodside Petroleum Ltd. Rankings
 #219 in FT Global 500 (June 2011) | ASX All Australian 50 |
Company Description
The good side of Woodside Petroleum is the northwest side. With partners BHP Billiton, BP, Chevron, Royal Dutch Shell, and a Mitsubishi/Mitsui joint venture, it owns the North West Shelf Project offshore Australia. Woodside is project operator. The largest natural resources development in Australia, the project produces natural gas, which is marketed to utilities and businesses in Western Australia, and liquefied natural gas (LNG) (sold to Japanese utilities). Woodside has proved reserves of 1.3 billion barrels of oil equivalent. It also explores for oil and gas in the US, Algeria, Brazil, Libya, and elsewhere. To raise cash, in 2010 Royal Dutch Shell sold 10% of its 34% in Woodside for $3.3 billion.
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