Woodside Petroleum : 28.02.2017 LNG Powering Pit to Port

Media Release

Tuesday, 28 February 2017

Woodside Energy Ltd.

ACN 005 482 986

Woodside Plaza

240 St Georges Terrace Perth WA 6000

Australia

T: +61 8 9348 4000

F: +61 8 9214 2777

www.woodside.com.au

LNG POWERING PIT TO PORT

Woodside and GE have signed an agreement to work together to support the use of LNG as a fuel in Western Australia.

The agreement will provide customers with the option of seamless access to reliable LNG fuel supply and gas-fuelled transport and power generation solutions.

Woodside CEO Peter Coleman said that this type of collaboration was key to development of the LNG fuel market in Western Australia.

"The agreement between our companies will harness the combined experience and offerings of Woodside and GE, allowing customers to choose LNG as a fuel that will deliver significant cost and emissions reductions.

"Woodside is ideally placed to lead the transition to LNG fuelling, with world-class LNG facilities in the Pilbara in close proximity to heavy industries," he said.

Mary Hackett, Regional Director for GE Oil & Gas ANZ/PNG agrees, saying there is a pressing opportunity to develop the LNG fuel market as a transition fuel that provides an alternate, cleaner fuel source.

"Businesses are continually under pressure to seek and adopt solutions that reduce their emissions footprint, while decreasing costs. LNG is a fuel source that is sustainable and cost effective.

"Developing new fuel technology to power industries such as marine, transportation and mining is key - and as a Digital Industrial Company that works across multiple industries and sectors, GE looks forward to working with Woodside to deliver gas technology solutions for customers," she said.

Ends

Picture Caption: Woodside's Linda Albano (left), VP Power and New Markets with Mary Hackett (right), Regional Director ANZ and PNG & Operations Leader, APAC, GE Oil & Gas at the signing ceremony.

About Woodside

Woodside is Australia's largest independent oil and gas company with a global portfolio, recognised for our world-class capabilities - as an explorer, a developer, a producer and supplier of energy. The company's producing assets in the north-west of Australia are among the world's best facilities, including the North West Shelf Project and the Pluto LNG Plant. Woodside's global exploration portfolio includes emerging and frontier provinces in Australia and the Asia-Pacific region, the Atlantic margins, Sub-Saharan Africa and Latin America. Woodside believes collaborative innovation is key to future growth. For more information visit www.woodside.com.au

About GE

GE is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE Brings Latest Technology Innovations to Build Safer, Cleaner and More Efficient. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry.

Contacts: MEDIA

Michelle Grady

W: +61 8 9348 5995

M: +61 418 938 660

E: michelle.grady@woodside.com.au

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