Trunkline

The magazine for Woodside people | Q2 2017

Progressing well in Myanmar 4-5

Igniting cultural awareness 6-7

Power to the Pilbara 8

Stepping on the gas 9

Clearing the way forward 10

18

8

Xmas trees come early for GWF-2 11

Task force at Woodside adds up 12

Key to unlocking insight 13

4

Demolition delivers great takeaways 14-15

Healthy signs 16

Double triumph at APPEA 17

Editor

Kellie Bombardieri t: +61 8 9348 6743

Journalists Mark Irving Danielle Bejr

Administrator Rachel Aumord

Photography Aaron Bunch

Ross Swanborough

Tamara BinAmat Lwin Ko Ko Latt

On the cover

Traditional Custodians Sealin Garlett and Richard Walley with our chief executive officer Peter Coleman during a smoking ceremony aimed

at ensuring everyone feels comfortable and connected to the site of our new headquarters. Picture: Aaron Bunch

Design

Silverback Creative

Printing Quality Press

Trunkline is published four times a year by Woodside Energy Ltd. Back issues of Trunkline are available for viewing on the Woodside intranet.

2

A day in the life of . . . 18-19

assistant company secretary

Farewell to Nor Australis 20

Teaming up 21

It's game on for coaching 22-23

Taking the lead 24

31

Six of the best for MIT 25

World class 26

A helping hand to get on deck 27

Share the WoW factor 28

Spectrum broadens 29

24

Giving it their best shot 30

Tall order 31

Random Discoveries 32-34

Final Frame 35

Working sustainably is a key component of the way in which Woodside does business. As our Compass states, we are here for the long term; looking out for each other, our communities and the environment.

A great example of this can be found in our article on the decommissioning of Gap Ridge Village. Big-picture thinking ensured waste was minimised - in fact, 99% of the village was recycled - and opportunities maximised. The project was completed safely, cost-effectively and with environmental

sensitivity. It saw young aspiring leaders step up and, backed by an energised team, about 40% of which were Indigenous Australians, deliver some innovative solutions to standard challenges.

Excellence is another of our core values. We want great results and strive for continuous improvement.

This openness to considering new ways of working is spurring some strong outcomes. Take, for example, use of the Watson tool for data mining. Since its adoption, the geohazards team has found it can now focus the bulk of its attention on interpreting rather than searching for data, previously an 80/20 split in the information hunt's favour. Now the team is freed up to focus on the highest-

value activity; an outcome other teams employing Watson are experiencing.

Read on and you will find many more ways in which Woodside is working to deliver value in line with its values, from our drilling campaign in Myanmar to collaboration with organisations such as Massachusetts Institute of Technology (MIT). Examples abound.

Notes on Petroleum Resource Estimates: All petroleum resource estimates in this publication are to be read in conjunction with the Reserves Statement in Woodside's most recent annual report, as updated by subsequent ASX announcements available athttp://www.woodside.com.au/ Investors-Media/Announcements.

Trunkline is printed on New Life Recycled coated paper, which is sourced from a sustainably managed forest and uses manufacturing processes of the highest environmental standards. Trunkline is printed by a Level 2 Environmental Accredited printer. The magazine is 100% recyclable.

3

Progressing well

in Myanmar

Woodside is working hard to gather the information it needs to maximise the proposed development of its prospects off the coast of

Myanmar.

The exploration and appraisal campaign that kicked off in the Rakhine Basin earlier this year is bringing promising results, with strong flow rates detected.

Mark Thompson, our vice president of Exploration for Australia and the Asia- Pacific, says there has been a steady and substantial ramp-up of our activity in the region since we discovered gas in late 2015.

And the team has worked hard to set the scene for ongoing success.

"This is a high-value growth opportunity in an area where we have an early mover advantage," Mark says.

"Yes, we want to progress swiftly and decisively, but we need to do this is a way that is consistent with our values.

"Our aim is to deliver a sustainable Myanmar gas business, through respectful relationships and a focus on excellence."

Well delivery manager David Moon says this has been evident from the time he joined the campaign.

"There is a real buzz among those involved," he says. "It's exciting and we are all so focused on doing the right thing. Our standards are high."

An example of this can be seen in the report card for the first Thalin-1 exploration well.

"Including load-out, it was achieved safely, on schedule and under budget,"

Dave says. "To begin a campaign in this way, in an area where we are a relatively new player, is remarkable but no less than we expect of ourselves."

He credits a massive cross-functional effort for this result; an effort that began well before the start of drilling in mid- February.

This included the delivery of environmental impact assessments, the seeking of government approvals and appointment of relevant contractors.

It also involved preparation of the drill ship in a Singapore shipyard before

load-out to Myanmar and the set-up of a supply base in nearby Thailand.

By the time drilling began, the number of Woodsiders in the Myanmar office had more than doubled, taking in expatriates as well as local staff.

4 trunkline | Q2 2017

Woodside Petroleum Ltd. published this content on 18 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 October 2017 07:10:03 UTC.

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