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BP agrees to acquire full stake in Trinidad Calypso gas project

Oilprice.com +1 ·

BP BP plc ADR
$45.01 +0.87%
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  1. 1BP (BP) has agreed to acquire a 70% stake in Woodside Energy's (WDS) offshore Calypso gas project in Trinidad and Tobago
  2. 2The deal secures a 100% stake and operatorship, with closing expected by late 2026 subject to government and regulatory approvals
  3. 3An initial deepwater gas field, purchase price and development schedule remain undisclosed, with potential for additional supply leveraging existing infrastructure

Source Oilprice.com +1 · View original ↗

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