Woodside to exit Greater Sunrise project with stake sale to Timor GAP

Australian LNG player Woodside is exiting the long-delayed Greater Sunrise LNG development by entering into an agreement with Timor-Leste’s national oil company, Timor GAP, to sell its 33.44 percent operating stake in the Sunrise JV, including the titles containing the Greater Sunrise fields, for up to $200 million.

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