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Woodside exercises pre-emptive right to buy 10.67% stake in Browse JV from PetroChina
Woodside exercises pre-emptive right to buy 10.67% stake in Browse JV from PetroChina June 12 : Woodside Energy said on Friday it had exercised its pre-emptive right to acquire PetroChina's 10.67 per cent stake in the Browse gas fields off the coast of Western Australia, blocking a deal agreed with Japan's INPEX. Under the terms of the transaction, Woodside will pay $225 million to PetroChina, along with reimbursement of cash call contributions made since June 30, 2025. The agreement also...
Woodside exercises pre-emptive right to buy PetroChina's stake in Browse JV
Woodside exercises pre-emptive right to buy PetroChina's stake in Browse JV June 12 : Woodside Energy said on Friday it had exercised its pre-emptive right to acquire PetroChina's 10.67 per cent stake in the Browse gas fields off the coast of Western Australia, blocking a deal agreed with Japan's Inpex. Under the terms of the transaction, Woodside will pay $225 million to PetroChina, along with reimbursement of cash call contributions made since June 30, 2025. The agreement also includes a...