Woodside completes sale of 10% Scarborough interest

Oil and gas major Woodside Energy has completed the sale of a 10% nonoperating participating interest in the Scarborough joint venture (JV) to LJ Scarborough (LNG Japan). The company in August established a strategic relationship with LNG Japan that involved three elements: equity in the Scarborough JV, potential liquefied natural gas offtake and collaboration on potential opportunities in new energy.