Australia's Woodside to acquire $2.7b stake in Israel's Leviathan gas field
Impending deal would give energy giant control over 25% of the massive natural gas reserve.
Shortly after midnight Thursday night — a historic night for Israel’s natural-gas and oil industries — the partner companies that own the Leviathan gas field announced that they had signed an amended memo of understandings with Woodside Energy of Australia, bringing it into the partnership. Woodside will hold about 25% of the rights to Leviathan in exchange for payments and...
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