Woodside Courts Aramco for Louisiana LNG Stake

Woodside Courts Aramco for Louisiana LNG Stake

Australia’s Woodside Energy and Saudi Aramco have signed an agreement to explore cooperation opportunities that may include the Saudi company buying a stake in the Louisiana LNG project. The agreement is non-binding, Woodside said, adding that it could involve “Aramco’s potential acquisition of an equity interest in and LNG offtake from the Louisiana LNG project.” Woodside’s CEO, Meg O’Neill, said the deal was “another demonstration of the ongoi…

Aramco in talks to back Woodside’s Louisiana LNG

Oil giant Saudi Aramco is in talks to buy a slice of Woodside Energy’s $27 billion Louisiana LNG project in the United States.

FERC Grants Request to Extend Lake Charles LNG Construction by 3 Yrs - Marcellus Drilling News

Energy Transfer’s (ET) Lake Charles LNG project is in the news again. In April, we told you that ET had landed a new partner to help pay for the project, MidOcean Energy, which will cover 30% of the cost of building the plant (see MidOcean Partners with Energy Transfer on Lake Charles LNG Exports). Not...

Woodside Energy looks to lock in Saudi company as investor in LNG project

Woodside Energy is floating the possibility of Saudi Arabian Oil Co., known as Aramco, buying a stake in its newly approved Louisiana LNG project, The Wall Street Journal reports.  The two companies have signed a collaboration agreement. Woodside says the nonbinding agreement with Aramco, signed in Saudi Arabia, paves the way for both companies to explore global opportunities. It says those opportunities include Aramco’s potential acquisition of…

Woodside and Aramco sign collaboration agreement

Woodside Energy Ltd (Woodside) and Aramco entered into a non-binding collaboration agreement to explore global opportunities, including Aramco's potential acquisition of an equity interest in and LNG offtake from the Louisiana LNG project.

Woodside, Aramco sign collaboration agreement

Woodside Energy Ltd and Aramco entered into a non-binding collaboration agreement to explore global opportunities, including Aramco’s potential acquisition of an equity interest in an LNG offtake from the Louisiana LNG project.