Woodside Petroleum Is starting to See Green Shoots: CEO

The video discusses the challenges faced by companies in 2020, including the impacts of COVID-19 and OPEC disagreements. It highlights the importance of focusing on controllable factors like team safety and asset management. The discussion also covers potential asset acquisitions, particularly in the Northwest Shelf, and the dynamics of the LNG market, emphasizing the return to fundamentals and recovery signs in Asia.

What were the two major challenges faced by companies in 2020 as mentioned in the video?

• Brexit and trade wars

• Technological disruptions and cyber threats

• Climate change and inflation

• COVID-19 and OPEC+ disagreement

What is the company's strategy regarding asset acquisition?

• Expand into new geographical markets

• Acquire new technology startups

• Focus on developed and flowing assets

• Invest in undeveloped assets

Which two locations are mentioned in relation to the company's preemptive rights?

• South America and Southeast Asia

• Middle East and North Africa

• Gulf of Mexico and North Sea

• Northwest Shelf and Sangama in Senegal

What was the main reason for the dislocation in the LNG market earlier in the year?

• Technological failures

• Lack of storage capacity

• Overproduction by OPEC

• Contractual flexibility of buyers

Which region's recovery is highlighted as a positive sign for the LNG market?

• Asia

• Africa

• Europe

• North America