Woodside could return to Gulf

WOODSIDE Petroleum could return to both the Gulf of Mexico and Brazil could also be on its growth radar, with further west African acquisitions likely, Morgan Stanley said of the Perth oiler’s growth potential.

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Brazil flag.

In its bullish client note appraising Woodside's growth potential issued last week, Morgan Stanley said it made sense for the Perth company to build on its Morocco, Senegal, Guinea-Bissau and Gabon