Woodside concludes discussions with Santos

Woodside CEO, Meg O’Neill, said that for every opportunity Woodside assesses, it conducts thorough due diligence, and will only pursue a transaction that is value accretive for its shareholders: “We continue to be disciplined in our approach to mergers and acquisitions and capital management to create and deliver value for shareholders. While the discussions with Santos did not result in a transaction, Woodside considers that the global LNG sector provides significant potential for value creation. Woodside’s world-class global portfolio, growth pipeline and strong balance sheet underpin our attractive investment proposition for Australian and global investors.”

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/09022024/woodside-concludes-discussions-with-santos/