Woodside reports 31% drop in Q1 sales revenue
The revenue was down 12% quarter/quarter.
Source: naturalgasworld.com
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The revenue was down 12% quarter/quarter.
The sale proceeds received by Woodside of $910mn for equity in the Scarborough joint venture comprises the purchase price, reimbursed expenditure and escalation.
Woodside and Jera have also entered into a non-binding heads of agreement for the sale and purchase of six LNG cargoes annually.
Fabricated by Bechtel in Indonesia, the first three modules collectively weigh over 4,000 tonnes. [Image: Woodside/Bechtel]
Global energy company Woodside has agreed to sell a 10% stake in the Scarborough Joint Venture to LNG Japan for $500m.