Woodside agrees to sell 70% Calypso Project stake in Trinidad and Tobago to bp
WDS•Woodside to sell Calypso Project stake to bp
Woodside agreed to sell its 70% operated interest in production sharing contract TTDAA 14, the Calypso Project in Trinidad and Tobago, to bp.
- bp holds the remaining 30% interest.
- Consideration includes cash plus contingent payments.
- Closing targeted by end-2026, subject to government and regulatory approvals.
- The deal would end Woodside’s decades-long presence in Trinidad and Tobago.
