Saturday 12 September 2015

Fitch: Woodside stable after Oil Search bid

OIL AND GAS
Fitch: Woodside stable after Oil Search bid
Sydney (UPI) Sep 10, 2015 - While there's no immediate risk, Fitch Ratings said there may be marginal issues if Australia's Woodside Petroleum acquires rival Oil Search Ltd. Woodside made a non-binding offer Tuesday for Oil Search to tap deeper into the Papua New Guinea gas market. Woodside is Australia's largest oil and gas company, serving as the operator of the giant Pluto liquefied natural gas project i ... more


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