bp to acquire Woodside’s stake in Trinidad’s Calypso gas project
August 6, 2026
(World Oil) — bp has agreed to acquire Woodside Energy’s 70% interest in the Calypso gas project offshore Trinidad and Tobago, giving the company full ownership and operatorship of the early-stage deepwater natural gas development. The transaction increases bp’s stake in Block TTDAA 14 from 30% to 100% and represents another step in the company’s strategy of concentrating its upstream portfolio around high-value assets where
