Woodside Petroleum Ltd. engages in the exploration, evaluation, development, and production of hydrocarbon and oil and gas properties. It operates through the following segments: North West Shelf, Pluto, Australia Oil, Development, Wheatstone, and Others. The North West segment engages in the exploration, evaluation, development, production and sale of liquefied natural gas, pipeline natural gas, condensate, liquefied petroleum gas and crude oil from the North West Shelf ventures. The Pluto segment engages in the exploration, evaluation and development of liquefied natural gas in assigned permit areas. The Australia Oil segment involves in the exploration, evaluation, development, production and sale of crude oil, condensate and liquefied petroleum gas and pipeline natural gas in assigned permit areas including Laminaria, Mutineer-Exeter and Enfield, Vincent, Otway and Stybarrow ventures. The Development segment comprises of exploration, evaluation and development of liquefied natural gas and condensate in the Browse, Scarborough, Kitimat, Myanmar, Sunrise and Senegal projects. The Wheatstone segment involves the exploration, evaluation, and development of liquefied natural gas and condensate. The Other segment comprises the activities undertaken by exploration, international and Sunrise Business Units. The company was founded on July 26, 1954 and is headquartered in Perth, Australia.
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