Boosting Global Footprint While Reinforcing Cash Flow
Woodside’s war chest gets a substantial boost from the deal — one that allows it to continue pumping capital into other cornerstone projects, including the Scarborough gas project offshore Western Australia. The company sold a 15.1% stake in Scarborough to Japan’s Jera for $1.4 billion last year.
Advisers Behind the Curtain
The intricate deal was financially guided by Mizuho Bank, Greenhill & Co., and Santander US Capital Markets LLC for Stonepeak, while RBC Capital Markets and Evercore counseled Woodside.
Leading Stonepeak’s legal counsel were Eli Hunt and Javad Asghari from Simpson Thacher, with Eric J. Wedel, Ben Steadman, Caroline B. Epstein, Ravi Purohit, and Lukas Richards helming the Paul Weiss team.
Details of Norton Rose Fulbright’s legal team were not immediately available.
As LNG continues to surge in global relevance, the Stonepeak-Woodside alliance stands poised to reshape the U.S. energy export market — a fiery fusion of capital, ambition, and strategic vision.
