Woodside is Australia's largest publicly traded oil and gas exploration and production company with a market capitalisation of more than A$25 billion (US$20 billion).*

Woodside has a portfolio of assets, projects, development opportunities and exploration interests in eleven countries spanning four continents.

The company sells liquefied natural gas, natural gas, crude oil, condensate and liquid petroleum gas around the world.

With proved plus probable reserves of more than 1.24 billion barrels of oil equivalent, in 2005 Woodside produced nearly 60 million barrels of oil equivalent.

The company was formed in 1954 and has its headquarters in Perth, Western Australia. It has 3500 staff and is listed on the Australian Stock Exchange (WPL).