MARKETS

Carnarvon wraps up Bedout divestment

CARNARVON Energy completed its “transformational” divestment of a portion of its Bedout assets to solidify its bank balance in the lead-up to number of critical new project investments.

Colin Hay

Carnarvon Energy CEO Adrian Cook

In late February 2023, Carnarvon entered into a binding agreement to divest a 10% interest in its Bedout assets to Taiwan's national oil and gas company CPC Corporation local wholly owned subsidiary OPIC...

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