Woodside agrees to sell 33.44% Greater Sunrise stake to TIMOR GAP for up to US$ 200 million
Bitget2026/10/27 01:29- Woodside has agreed to sell its Sunrise Joint Venture interest to TIMOR GAP for up to $200 million.
- Completion is targeted for the first half of 2027, subject to government, regulatory and joint venture approvals.
- The sale will end Woodside's participation in the venture, simplifying its portfolio.
- TIMOR GAP currently holds 56.56% of the venture and has separately agreed to acquire Osaka Gas' 10% stake.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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