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OIL & GAS

Woodside lands $5.7b LNG partner in US deal

Stonepeak buy-in cuts cash burn, calms investor nerves

Rueben Hale
Woodside brings in Stonepeak as partner in $5.7b Louisiana LNG project

Woodside brings in Stonepeak as partner in $5.7b Louisiana LNG project | Credits: Woodside/Stonepeak

Woodside Energy has struck a binding agreement to sell a 40% stake in its Louisiana LNG project to US private equity firm Stonepeak, a move that significantly reduces the Australian energy giant's upfront...

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