We are recognised for our proven capability to operate in challenging environments, our world-class resource base and our strong track record of working with communities and stakeholders.

Our Ambition is to be the preferred energy company for all stakeholders, and we have a disciplined three-phase strategy to meet that ambition. We will:

  1. Focus on our core portfolio of assets, driving sustained low costs and simplifying our PNG operations;
  2. Deliver our world class Pikka Project at a breakeven cost of supply of below US$40/bbl, achieve a sell-down of a minority stake in the project and commercialise Papua LNG;
  3. Set a platform to Evolve achieving full potential from Alaska and considering targeted complementary energy investments while maximising shareholder returns and free cash flow.

Sustainability is embedded across the Company and we aspire to set the standard for sustainable development. Our activities are supported by a clear hierarchy for allocating capital, prioritising sustaining capital and a strong, flexible balance sheet.