What Woodside does

Woodside Energy Group Ltd is a publicly listed Australian global energy company (ASX: WDS) founded in 1954 and headquartered in Perth, Western Australia. The company produces and markets LNG, oil, and gas, and is developing hydrogen, ammonia, solar, and lower-carbon services. Woodside is Australia's largest LNG producer, with 7,000+ LNG cargoes delivered since 1989, and operates core facilities including Pluto LNG and the North West Shelf Project in Western Australia, the Gippsland Basin assets in Victoria, the Wheatstone and Macedon gas operations, and Gulf of Mexico interests at Shenzi, Mad Dog, and Atlantis. Production in Q2 2026 reached 41.3 million barrels of oil equivalent, with 99%+ reliability reported at Sangomar and Shenzi. Major growth projects include the US$12.5 billion Scarborough Energy Project (98% complete, first gas July 2026, first LNG cargo targeted Q4 2026 via Pluto Train 2; 70,000-tonne FPU, 433 km subsea pipeline, 1,500 km fiber optic link to Perth), the US$17.5 billion Louisiana LNG greenfield project on the US Gulf Coast (28% complete, targeting first cargo 2029; three LNG trains, two 235,000 m3 storage tanks), and Trion in the Gulf of Mexico (64% complete, first oil 2028). New energy initiatives span hydrogen (H2Perth refueller), ammonia (Beaumont New Ammonia acquired September 2024), solar (planned ~50 MW for Pluto), and lower-carbon services including NeoSmelt.

The business model is built on B2B commodity sales: LNG, oil, condensate, and natural gas are sold under long-term contracts and spot arrangements at oil-linked and market-based prices, with dedicated terminals (Barry Beach, Long Island Point) and pipeline distribution serving Australian domestic customers. Customer segments span international LNG buyers across the Asia-Pacific (notably North Asian utilities seeking energy security), Australian domestic residential, commercial, and industrial gas users, and emerging segments such as critical minerals operators (trucked LNG to PLS/Pilbara Minerals, reducing diesel use and emissions intensity by 20%) and alumina refiners (Alcoa). Distribution is direct via LNG export terminals, pipeline networks, and trucked LNG. Operations span Australia, the United States, Senegal, Singapore, Japan, and additional markets. The company employs 4,500+ globally as of the latest reporting, was formed through the 2022 merger with BHP's petroleum business, and is led by CEO and Managing Director Liz Westcott, appointed in March 2026. Woodside maintains a Reconciliation Action Plan, supported the Indigenous-led UNESCO World Heritage listing of the Murujuga Cultural Landscape in July 2025, and partners with Indigenous organizations across Australian and New Zealand operating regions.

Name

Woodside

Legal name

Woodside Energy Group Ltd

Website

https://woodside.com

Company type

Public

Founded year

1954

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Woodside Energy Group Ltd is an Australian global energy company producing and marketing LNG, oil, and gas while developing hydrogen, ammonia, and solar. Founded in 1954, it operates Pluto LNG, North West Shelf, Scarborough, and Louisiana LNG, serving Asia-Pacific utilities and Australian domestic markets.

Ownership category

akta.pro rank

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. LNG Sales: Woodside generates primary revenue from selling liquefied natural gas (LNG) to customers globally. LNG is produced at Pluto LNG and other facilities and sold under long-term contracts and spot arrangements. The company has delivered over 7,000 LNG cargoes internationally since 1989.
2. Oil and Gas Production: Revenue from crude oil, condensate, and natural gas production across Woodside's global portfolio including operations in Australia, Gulf of Mexico, and Senegal.
3. Domestic Gas Supply: Supply of natural gas to Australian domestic customers including homes, businesses, and industrial users. Woodside has been providing domestic gas since 1984.
4. New Energy Products: Revenue from emerging products including hydrogen, ammonia, and lower-carbon services as Woodside diversifies into new energy.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Woodside is a global energy company that explores, develops, produces, and markets oil, natural gas, and liquefied natural gas (LNG). It operates major LNG facilities such as Pluto LNG and the North West Shelf Project, develops large offshore projects including Scarborough and Louisiana LNG, supplies domestic gas to Australian customers, and is expanding into new energy products including hydrogen, ammonia, solar, and lower-carbon services.

Product overview

Woodside Energy is a global energy company offering a diversified portfolio of oil, gas, and new energy products. The company operates across the entire LNG value chain through major facilities including Pluto LNG and North West Shelf in Western Australia, and the Louisiana LNG project under development in the United States. Woodside's upstream operations span multiple regions including Australia's Browse Basin, Gippsland Basin, Gulf of Mexico, and offshore Senegal. The company is advancing new energy initiatives including hydrogen, ammonia, and solar projects to support the energy transition. Woodside also provides domestic gas supply to Australian homes and businesses.

Differentiator

Problem solved

Functional benefit

Products and services

• Pluto LNG Woodside's Pluto LNG facility in Western Australia processes natural gas for export. Pluto Train 1 is operational, with Pluto Train 2 under development to process Scarborough gas. The facility is located on Murujuga (Dampier Archipelago) in the Pilbara region.
• North West Shelf Project Woodside's flagship LNG project off the coast of Western Australia, one of Australia's largest oil and gas developments. The project processes and exports LNG from the Carnarvon Basin.
• Scarborough Energy Project Major gas development project in the Carnarvon Basin, approximately 375 km off the Pilbara coast of Western Australia. US$12.5 billion investment including a 70,000-tonne floating production unit, 433 km subsea pipeline, processing gas through Pluto Train 2. On track for first LNG cargo in Q4 2026.
• Louisiana LNG Greenfield LNG project on the US Gulf Coast in Calcasieu Parish, Louisiana. US$17.5 billion investment featuring three LNG trains and two large LNG storage tanks (235,000 m3 each - the biggest in North America). Targeting first LNG cargo in 2029.
• Gippsland Basin Assets Oil and gas fields in the Gippsland Basin, Victoria, Australia. Assets include approximately 200 wells, more than 800 km of subsea pipelines, six offshore platforms, and two onshore processing facilities (Longford Gas Plant and Long Island Point). Largest single source of gas supply to Australia's east coast domestic market.
• Browse to North West Shelf Project Australia's biggest undeveloped offshore gas resource located in the Browse Basin off Western Australia. Independent modelling shows potential to contribute more than A$56 billion in taxes, support thousands of jobs, and power homes and businesses for decades.
• Trion Oil development project in the Gulf of Mexico. Drilling commenced with the project 64% complete and targeting first oil in 2028.
• Hydrogen and Ammonia Woodside's new energy initiatives including hydrogen production and ammonia projects to support the energy transition. Includes the Hydrogen Refueller @H2Perth project and Beaumont New Ammonia project.
• Solar Woodside's solar energy initiatives including the Woodside Solar project in the Pilbara region, exploring plans to supply approximately 50 MW of solar energy to Pluto LNG.
• Lower-carbon Services Services supporting decarbonisation efforts, including the NeoSmelt Project, carbon farming activities, and partnerships with Indigenous organisations for environmental initiatives.
• Shenzi Oil and gas field operations in the Gulf of Mexico, jointly owned with BHP and Repsol.
• Sangomar Oil development project offshore Senegal. Woodside holds operatorship with 82% working interest. Achieved outstanding reliability of more than 99%.
• Mad Dog and Atlantis Oil and gas production assets in the Gulf of Mexico, operated by BP with Woodside as a participant.
• Wheatstone LNG processing facility located near Ashburton in Western Australia, with Woodside holding an equity interest.
• Macedon Gas production operations in Western Australia, part of Woodside's domestic gas portfolio.
• Australia Oil Oil production and exploration activities across various Australian offshore basins.
• Domestic Gas Supply Woodside has been providing domestic gas since 1984, supplying homes, businesses and industry in Western Australia and eastern Australia. Has supplied the equivalent of more than one-third of LNG exports to Western Australian homes, businesses and industry.

Quantifiable outcome

• More than 7,000 LNG cargoes delivered internationally since 1989
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature7 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• Green Tug TowingminorChannel Partner/ Reseller/ Distributor · 1 January 2026Services contract award to Louisiana-based supplier Green Tug Towing for design and construction of four new tugboats for Louisiana LNG project.
• Louisiana Office of State ParksminorStrategic or Co-development Partner · 1 January 2025Partnership for US$5 million restoration project at Sam Houston Jones State Park over six years. Largest corporate donation ever received by a Louisiana state park.
• Restore or RetreatminorStrategic or Co-development Partner · 1 January 2025Louisiana-based environmental restoration partner for coastal conservation programs.
• Ducks UnlimitedminorStrategic or Co-development Partner · 1 January 2025Louisiana conservation partner for wetland and habitat restoration.
• McNeese State UniversityminorStrategic or Co-development Partner · 1 January 2025Louisiana academic partner collaborating on biodiversity restoration project at Sam Houston Jones State Park.
• Western Australian Department of Biodiversity, Conservation and Attractions (DBCA)minorStrategic or Co-development Partner · 1 January 2025Three-year partnership on feral predator management program at Watheroo National Park covering more than 44,000 hectares.
• Ngarluma Aboriginal CorporationcoreStrategic or Co-development Partner · 1 November 2022Bilateral Indigenous Land Use Agreement and modern benefits sharing and relationship agreement relating to lands planned for Woodside Solar project in the Pilbara. Framework for social and economic benefits and cultural heritage management.
• Ngāi Tahu / Murihiku RegenerationcoreStrategic or Co-development Partner · 29 July 2022Memorandum of understanding signed with representatives for Ngāi Tahu iwi in Murihiku-Southland. Key collaborators for future projects in Murihiku-Southland.
• Gnaala Karla Booja Aboriginal Corporation (GKBAC)coreStrategic or Co-development Partner · 1 January 2022Noongar Standard Heritage Agreement entered in 2022 for H2Perth and Hydrogen Refueller @H2Perth projects. Cultural Heritage Management Plan developed in May 2024.

Scale indicators18 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Santos Limited: Australia's other large integrated oil and gas and LNG producer, with competing Australian LNG (GLNG, Darwin LNG, Barossa) and domestic gas assets. Most direct country and product peer to Woodside, and the most likely consolidation partner or M&A target in the Australian energy landscape.
• INPEX Corporation: Japanese operator of the Ichthys LNG project in Australia, competing directly with Woodside in Australian LNG production for Asia-Pacific customers. Closest pure-play LNG peer with overlapping Australia-Japan gas supply economics.

Broad incumbents

• Chevron Corporation: Global LNG major with material Australian exposure via the Wheatstone and Gorgon LNG joint ventures. Operates the same North West Shelf / Pilbara ecosystem and competes directly for Asia-Pacific LNG offtake contracts alongside Woodside.
• Shell plc: World's largest LNG producer and trader with integrated upstream and marketing capabilities. Competes with Woodside for Asia-Pacific LNG offtake and project equity, and represents the upper bound on global LNG scale.
• ExxonMobil: Global integrated oil and gas supermajor that previously operated Gippsland Basin (transferred operatorship to Woodside in July 2026) and competes with Woodside in LNG, deepwater oil, and global gas markets. Closest precedent for Woodside's planned Louisiana LNG and Browse growth profile.
• BP plc: Global integrated oil and gas major that operates Woodside's co-owned Gulf of Mexico assets (Mad Dog and Atlantis). Comparable portfolio of upstream, LNG, and transition investments, and a natural counterparty for partnership or asset-trade discussions.
• TotalEnergies SE: Global integrated LNG, oil and renewable energy major with Australian LNG offtake presence. Direct competitor for Asia-Pacific and Atlantic LNG offtake and a benchmark for how Woodside's new energy pivot is valued by the market.
• ConocoPhillips: US-based independent E&P with growing LNG exposure (Port Arthur LNG, Australia Pacific LNG stake). Comparable in upstream scale and capital intensity profile, and a potential partner for Woodside's global portfolio optimisation.
• Equinor ASA: Norwegian global energy major with deep offshore expertise, LNG exposure, and an aggressive new-energy pivot. Useful benchmark for how Woodside's portfolio of mature offshore + emerging hydrogen/ammonia/solar should be valued and managed through the energy transition.

Regional players

• Origin Energy Limited: Australia-focused integrated energy company with upstream gas and power generation assets (APLNG stake). Comparable Australian gas market exposure but with a more utility-leaning business model than Woodside's LNG-weighted portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/WoodsideEnergy
• YouTubeyoutube.com/user/WoodsideEnergyLtd
• Facebookfacebook.com/woodsideenergy
• LinkedInlinkedin.com/company/woodside-energy
• Instagraminstagram.com/woodsideenergy/?hl=en
• TikToktiktok.com/@woodside_energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Woodside