SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.
Gold/Mining/Energy : Big Dog's Boom Boom Room

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: E_K_S9/10/2019 10:51:54 AM
  Read Replies (1) of 199704
 
Woodside seeks buyers for gas assets in Australia, Canada - Reuters
Sep. 10, 2019 10:44 AM ET|About: Woodside Petroleum Ltd (WOPEF)|By: Vandana Singh, SA News Editor

Woodside Petroleum ( OTCPK:WOPEF) is reportedly seeking to reduce its stakes in the Scarborough gas field in Australia and Canada’s Kitimat liquefied natural gas project to cut its capital exposure.

Woodside holds a 75% stake in the Scarborough gas field and 50% of the Kitimat project in Canada is operated by Chevron (NYSE: CVX)

It is speculated that Saudi Aramco ( ARMCO) could be interested in Scarborough

Woodside wants to take a final investment decision on developing the $11B Scarborough field in 2020 but warned last month it was at the mercy of its partners to lock down some of its projects plans.

In Canada, Chevron and Woodside are yet to propose a date for a final investment decision on the Kitimat LNG project, having expanded its planned size to 18 mtpa in April.

-------------------------------------------------------------

Wonder if CVX will try to buy on the cheap?

EKS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext