August 22nd, 2012
Woodside open to offshore Browse options
Herald Sun
Kim Christian
WOODSIDE Petroleum has left the door open to process gas from its Browse project offshore and abandon its controversial plant near Broome.
Under an agreement announced on Monday, Royal Dutch Shell, which is the world leader in floating liquefied natural gas (LNG) technology, will increase its stake in the Browse joint venture to around 26 per cent, almost matching Woodside’s equity holding.