Woodside Energy Sells Trinidad Oil and Gas Assets

Woodside Energy Sells Trinidad Oil and Gas Assets

Woodside Energy has reached a deal to sell oil and gas assets offshore in Trinidad and Tobago to UK-based firm Perenco as part of portfolio optimization efforts, the Australian major said on Friday. Under the agreement, Woodside Energy will sell its interest in the shallow water Angostura and Ruby offshore oil and gas fields, associated production facilities, and the onshore terminal for $206 million. Woodside came into possession of the Trinida…

Woodside to Sell Greater Angostura Assets to Perenco for $206M - USA Herald

In a strategic divestment move, Australian energy heavyweight Woodside announced Friday that it will sell its Greater Angostura assets in Trinidad and Tobago to British independent hydrocarbon producer Perenco for $206 million. The deal encompasses Woodside’s stakes in the shallow-water Angostura and Ruby offshore oil and gas fields, their associated production infrastructure, and onshore terminals. Woodside to sell Greater Angostura assets to Pe

Woodside Energy Group (ASX:WDS) Dividend Yield, History and Growth - Simply Wall St

Woodside Energy Group's (ASX:WDS) dividend yield is 8.14%. Dividend payments have decreased over the last 10 years and are covered by earnings with a payout ratio of 64.73%.

Woodside Divests Greater Angostura Assets to Perenco for $206MM

The Greater Angostura field produces approximately 12% of Trinidad and Tobago’s gas supply, said Woodside CEO Meg O’Neill in a press release.

Woodside sells Caribbean asset

Woodside Energy has taken another small step toward simplifying its portfolio by selling its mature Greater Angostura assets in Trinidad and Tobago for $206 million.