Woodside has sold a 10% non-operating participating interest in its Scarborough joint venture to LJ Scarborough, a jointly owned subsidiary of LNG Japan.
In August 2023, Woodside established a strategic relationship with LNG Japan, which, in addition to equity in the Scarborough joint venture, also included potential LNG offtake and collaboration on potential opportunities in new energy.
Read more: Woodside sells 10% stake in Scarborough to Japan LNG for $500m
Meg O’Neill, CEO of Woodside, described the sale as a significant milestone.
... to continue reading you must be subscribed
