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Woodside Boosts Browse Stake with $225 Million Pre-Emption Move
9:38am on Friday 12th of June, 2026 AEST
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Energy
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Woodside Boosts Browse Stake with $225 Million Pre-Emption Move
9:38am on Friday 12th of June, 2026 AEST
Key Points
Woodside acquires 10.67% Browse JV stake from PetroChina
Upfront payment of US$225 million plus cash call reimbursements
Contingent US$175 million payable upon final investment decision
Woodside's Browse interest rises to 41.27%
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