Woodside - Mia Yellagonga-30 [Image by Jarrad Seng]

Working openly

Woodside’s success depends not only on what we do but also how we do it.

Woodside's success depends not only on what we do but also how we do it.

Woodside has a zero-tolerance approach to bribery and corruption, in any form, in connection with our business in Australia and overseas. Bribery and corruption undermine fair competition, erode public trust in governments and business and disadvantage economies. They present a threat to commercial organisations and communities worldwide. We assess fraud and corruption risk across all our activities and locations. To determine risk level the criteria used include country of operation, activities undertaken, the level and nature of engagement with government, history of enforcement and susceptibility to fraud and corruption.

Our Australian tax contribution

We pay our taxes, as and when due, in compliance with the law. 

The majority of our core producing assets are located in Australia where we generate most of our revenue and therefore pay the majority of our taxes.

Our Australian tax payments are made by the head company, Woodside Energy Group Ltd, as well as its 90% owned ‘Burrup’ subsidiaries, Burrup Facilities Company Pty Ltd and Burrup Train 1 Pty Ltd, which support our Pluto Project.

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1 Data included here includes information relevant to the former Woodside Petroleum Ltd as well as the Woodside Energy Group Ltd for the period 1 January 2022 to 31 December 2022 and includes data relevant to the assets acquired through the merger with BHP’s petroleum business from 1 June 2022 to 31 December 2022.
2 Figures are reported on a cash basis (net of any refunds received, for example, refunds of tax overpaid in prior periods) and are rounded to the nearest million.
3 Woodside’s Australian tax contribution for 2018-2022 has been assured by Deloitte in accordance with Australian Auditing Standard on Review Engagements ASRE 2405 of Historical Financial Information Other than a Financial Report. Deloitte’s assurance inspects evidence to ensure the figures in the table above accurately reflect Woodside’s cash paid to settle Australian tax obligations in 2022.
 
Find out more
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We pay our taxes
We are a global energy company, founded in Australia and a significant taxpayer.
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Membership of peak industry organisations
We participate in a variety of industry associations, advocating for sound decision-making on a range of important topics for our company and stakeholders.
Consultation activities
We look after each other, our communities and the environment. Our engagement processes encourage open and transparent communication and feedback.
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Facility maintenance information
Purpose, strategy & values
Our path forward is clear. We have a vision to provide the low cost, lower carbon energy our world needs. We have significant opportunities to prosper and grow. Our three pillars, oil, gas and new energy, each have a role to play in our future.
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Government submissions & reports
Woodside contributes to the policy debate on issues that are important to our business. The list on this page reflects submissions and reports in recent years.