Woodside's Goodwyn platform in the North West Shelf.

$2bn investment for NW Shelf project

Woodside Petroleum and its joint venture partners have given the go-ahead to a $2 billion subsea development at the North West Shelf Project off the Pilbara coast.

Chief executive Peter Coleman said the approval of the Greater Western Flank Phase-2 project continued a series of subsea tiebacks that were commercialising gas reserves in an efficient manner and extending production volumes for the North West Shelf venture.

"The Greater Western Flank Phase 2 project is an economically robust project that will deliver significant value by leveraging Woodside's experience in delivering major subsea projects," Mr Coleman said in a statement.


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Share Price

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BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
409thWoodside Petroleum0%1%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$3k Issued
$17k Issued
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Total value as at the date of the transaction
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th-Woodside Petroleum$5,050.0m
503 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Woodside Petroleum

1stPeter Coleman$7.555m
17thMike Utsler$1.986m
21stRobert Edwardes$1.668m
Ranked by total remuneration from all listed WA companies

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