Woodside retreats from Leviathan project

摘要

Jerusalem—Partners developing Israel’s Leviathan gas field vowed to press on with the giant offshore project Wednesday after Australia’s Woodside Petroleum finally walked away from its planned $2.7 billion involvement in the asset. purchase of a 25% stake in the Leviathan field after failing to reach a “commercially acceptable outcome” following months of talks with the Israeli government and the other joint venture partners. Shares in the three Israeli partners in Leviathan—Delek Drilling, Avner Oil and Gas, and Ratio Oil Exploration