MARKETS

Woodside may expand NWS stake

AUSTRALIA’S oil and gas M&A is heating up as Woodside Petroleum is apparently looking to take an additional stake in its North West Shelf LNG plant in conjunction with Brookfield Asset Management.

Woodside's Burrup Hub concept that takes in the NWS and an expanded Pluto LNG

Woodside's Burrup Hub concept that takes in the NWS and an expanded Pluto LNG

Chevron put its one-sixth share on the market some months ago and most believed Woodside would be the most logical buyer as it gave the company more control of its asset and thus what gas could head there...

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