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Home Woodside to Divest Greater Angostura Assets to Perenco

The following content is a news release distributed by . The original news release may be found here.

Woodside to Divest Greater Angostura Assets to Perenco

HOUSTON--(BUSINESS WIRE)--Woodside has entered into an agreement with Perenco to divest its Greater Angostura assets in Trinidad and Tobago for $206 million. The divestment is inclusive of Woodside’s interest in the shallow water Angostura and Ruby offshore oil and gas fields, associated production facilities and the onshore terminal. The transaction provides near-term cash flow to support ongoing investments and shareholder distributions and builds on the Australian asset swap announced in Dec...

Read the full news release here

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