Scarborough Joint Venture

London Exchange

Woodside Energy to sell 15.1% Scarborough interest to JERA for $1.4 billion
ByNNR February 23, 2024February 23, 2024

LONDON, UK: Woodside Energy has broadened its strategic relationship with JERA through a transaction that involves three core elements: equity in the Scarborough Joint Venture; LNG offtake; and collaboration on opportunities in new energy and lower carbon services, a company announcement noted. Woodside has executed a binding sale and purchase agreement with JERA for the…

Read More Woodside Energy to sell 15.1% Scarborough interest to JERA for $1.4 billion
London Exchange

Woodside sells 10% stake in Scarborough gas project to LNG Japan for $500 million
ByNNR August 8, 2023October 24, 2023

LONDON, UK: Woodside, Australia’s largest independent oil and gas company, has announced that it has agreed to sell a 10% stake in its Scarborough gas project to LNG Japan, a joint venture between Sumitomo Corporation and Sojitz Corporation, for $500 million. The deal is part of a broader strategic relationship between Woodside and LNG Japan,…

Read More Woodside sells 10% stake in Scarborough gas project to LNG Japan for $500 million