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 Trinidad and Tobago assets following the 2022 merger of Woodside with BHP’s oil and gas portfolio. The…