Woodside Energy Group (AU:WDS) has released an update.
Woodside Energy Group has announced the acquisition of Tellurian and its Driftwood LNG project, aiming to become a significant player in the global LNG market and advance through the energy transition. The $1.2 billion deal adds a strategically positioned asset in the Atlantic Basin to Woodside’s portfolio, enhancing their presence and providing growth and cash generation opportunities for the 2030s. It also aligns with Woodside’s decarbonisation goals, as the acquired technology is designed to lower emissions intensity.
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