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Woodside approves $7.2bn deepwater oil project in Mexico's Gulf.

1 min read
Source: Financial Times
TL;DR

Australian energy company Woodside has announced plans to invest in a $7.2bn oil project in the Gulf of Mexico. The project, operated by US-based Hess Corporation, is expected to produce 80,000 barrels of oil per day by 2026. Woodside's investment is part of its strategy to expand its global portfolio and increase its exposure to high-quality growth opportunities.

Topics:businessenergy#australia#energy#gulf-of-mexico#investment#oil-project#woodside
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  1. Live news: Australia's Woodside to invest in $7.2bn Gulf of Mexico oil project  Financial Times
  2. Woodside Greenlights $7.2 Billion Mexico Deepwater Oil Project  Yahoo Finance
  3. Woodside approves $7.2 bln Trion deepwater oil project in Mexico  Reuters
  4. TechnipFMC wins Oz contracts from Chevron and Woodside  Upstream Online
  5. Woodside greenlights $10.5b Mexican oil project  The Australian Financial Review

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