Chevron and Woodside Energy swap assets, with Chevron paying up to $400M in cash to Woodside.

Woodside Energy and Chevron have agreed to an asset swap that simplifies Woodside's business structure and benefits investors. Woodside will sell Chevron its interests in the Wheatstone and Julimar-Brunello Projects, while acquiring interests in the NWS and Angel CCS Projects from Chevron. Chevron will also pay Woodside up to $400 million in cash.

3 months ago
20 Articles

Further Reading