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Maroc Maroc - ENERGY PEDIA.COM - 19/Dec 06:37

Australia: Woodside simplifies portfolio and unlocks long-term value

Woodside and Chevron have agreed to an asset swap under which Woodside will acquire Chevron’s interest in the North West Shelf (NWS) Project, the NWS Oil Project and the Angel Carbon Capture and Storage (CCS) Project, and transfer all of its interest in both the Wheatstone and Julimar-Brunello Projects to Chevron. Chevron will also make a cash payment to Woodside of up to $400 million.

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Energy giants Woodside and Chevron swap assets in North West gas deal

thewest.com.au - 19/Dec 04:19

Woodside has jumped another hurdle towards developing the $30 billion Browse project, inking a big reshuffle of WA gas assets with Chevron.