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Woodside Energy Group Ltd partners with Stonepeak in US$5.7 billion Louisiana LNG deal

Apr 07, 2025•about 1 year ago

Contract Type

partnership

PerthManufacturingEnergyOil And GasRenewable Energy

Description

Woodside Energy Group Ltd has announced a partnership with Stonepeak, a global investment firm, in a US$5.7 billion deal for the sale of a 40% interest in Louisiana LNG Infrastructure LLC located in the United States. This partnership is expected to validate the project's quality and increase its attractiveness to potential equity partners.

Company Information

Company

Woodside Energy Group

Location

Perth, Western Australia, Australia

About

Woodside Energy Group is Australia's largest independent oil and gas company and a leading LNG operator. The company focuses on the exploration, development, production, and marketing of hydrocarbons. Woodside is involved in several gas projects and has secured long-term sales agreements with major buyers, particularly in Asia. The company continues to expand its developments to enhance LNG exports.

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Strategic partnership established

Partnership agreements typically involve technology integration and joint go-to-market strategies

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