Woodside to Exit Trinidad Asset with Sale of Calypso Stake to BP
Woodside Energy agreed to sell its 70% operated interest in the Calypso Project in Trinidad and Tobago to BP in a deal that includes upfront cash and contingent payments. The announcement drove a 2.2% rise in Woodside stock in premarket trading, and marks the end of Woodside's decades-long involvement in the country. The transaction is expected to …