Energy & Petrochemicals #bp#woodside
BP Agrees to Acquire Woodside's Interest in Trinidad Deepwater Gas Project
BP has agreed to acquire Woodside Energy's 70% interest in the Calypso deepwater gas project in Trinidad and Tobago, raising its stake to 100% and taking operatorship. The deal, expected to close by the end of 2026, covers Block TTDAA 14, which holds 3.5 trillion cubic feet of natural gas reserves. BP is already the largest domestic gas supplier and holds a 45% stake in Atlantic LNG.
Aug 7, 2026 1 source