Aug 7, 2026 – 10.47amWoodside Energy has streamlined its international portfolio with a multimillion-dollar deal with BP to sell its stake in a Trinidad gas project in a move that is likely to fuel expectations of further transactions involving the British energy giant now led by Woodside’s former chief executive Meg O’Neill.The sale of a 70 per cent interest in the early-stage Calypso project marks Woodside’s exit from Trinidad and Tobago, after it sold its Greater Angostura assets last year to London-based independent oil and gas player Perenco for $US206 million ($293 million).Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Woodside sharpens portfolio with Trinidad sale to O’Neill’s BP
The deal with the British oil major now led by Woodside’s former CEO is likely to fuel expectations of further transactions between the two.
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