BP sells 5% stake in Browse LNG project to South Korea's GS Energy
BP has agreed to sell a 5% stake in the Browse LNG project in Western Australia to South Korea's GS Energy. This transaction will reduce BP's ownership in the project to 39.33%. The Browse project, led by Woodside Energy, is a significant undertaking with an estimated cost of AUD 48.7 billion, aimed at developing Australia's largest undeveloped natural gas reserves. AI