Woodside Petroleum Ltd

690 Words2 Pages

OVERVIEW:

WOODSIDE PETROLEUM is the most wanted and Australian petroleum exploration and production company. Woodside has the largest operator of oil and gas production in Australia and also Australia’s largest independent dedicated oil and gas company.] It is a public company listed on the Australian Securities Exchange and has its headquarters in Perth, Western Australia Woodside Petroleum Limited (WPL) is an independent oil and gas company with a portfolio of liquefied natural gas trains, offshore platforms, oil floating production storage and off-loading vessels. WPL produces and sells LNG, pipeline gas, oil condensate and LPG, with ITS landmark Australian project being the North West Shelf. WPL also holds interests in operating assets located in Australia and overseas.

ASPECTS:

WOODSIDE PETROLEUM being the leader in the aviation industry in the Australia was met with GFC in its market. Despite of making the profits the company sustained the affect of GFC on its business by axing the Employees. While in the crisis and effected by the financial crisis at a stage it cut off the most number services which are not of profitable through which the values can be changed at least with a small difference in the company's share.

Woodside petroleum which is like the monopoly based fuel station in the Australia's industry is effected by the GFC at a stage in 2009. There are many competitors for the gas stations like SEVENELEVEN,BP, which attracts with the reasonable costs and offers giving the tough competition to the woodside petroleum

Woodside petroleum when hit by the GFC its strategic steps were based on the strengths weaknesses and all threats all woodside petroleum being the major airline in the ...

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...xpense plans identifying with its arranged advancement in the Leviathan gas field, news reports said. Woodside Petroleum's nearby financial specialists are battling to stay aware of the turns and turns in its focused on $us2.55bn Leviathan gas field speculation, its prospective accomplices in Israel are likewise at a misfortune. Woodside Petroleum has missed the deadline to finish its significant financing in the Leviathan gas field in Israel, with exceptional issues on charges regardless eminences to be determined. Woodside Petroleum has helped its seaward development arranges as it gets ready to conclude the buy of a 25 for every penny stake in Israel's goliath Leviathan venture for an expected $2.71 billion. Woodside Petroleum has won four new investigation allows in the Rakhine bowl off the west shore of Myanmar in organization with UK gas real BG Group.

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