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Woodside Petroleum Ltd

Company Summary

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Investor Presentations

Company Transactions

Date: 1/30/2022
Type: Acquisition

NOTES:
Woodside has entered into a deal with Global Infrastructure Partners (GIP) to divest a 49% non-operating stake in the Pluto Train 2 joint-venture. The new facility will cost a total of $5.6 billion to bring online. Closing is planned for January 2022. In addition to GIP funding a 49% share of base capital spending on the project, they will also provide another $835 million in construction capital spending to cover potential cost overruns, if needed. Any delays ton start-up of the project will result in Woodside making payments to GIP in "certain circumstances."
REGIONS:
  • Australia
  • Date: 3/31/2018
    Type: Acquisition

    DETAILS:

    COST: 744 $MM

    NOTES:
    Woodside will pay $444 million initially and a contingent payment of $300 million once a final investment decision is decided on in the field. The deal includes a 50% interest in unit WA-1-R of the field
    REGIONS:
  • Western Australia
  • Date: 12/31/2016
    Type: Acquisition

    NOTES:
    The three offshore exploration blocks, Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore, had a net carrying value of approximately $285 million as of Sept. 30, 2016
    REGIONS:
  • West Africa