Woodside concludes discussions with Santos
Published by Poppy Clements,
Assistant Editor
Hydrocarbon Engineering,
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/
You might also like
Wood wins significant decarbonisation project in the Middle East
Wood has secured a contract worth around US$17 million from a leading petrochemical company in the Middle East to improve efficiency and reduce emissions on a process manufacturing plant.