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Woodside Energy's Operator for FSO Chalchi to Divest 45% Stake in Mexico-Based Operation

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Woodside Energy's (ASX:WDS) operator for floating storage and offloading (FSO) Chalchi, SBM Offshore, entered into a shareholders' agreement with Nippon Yusen Kabushiki Kaisha (NYK) to potentially divest a 45% stake in the special purpose companies related to the lease and operation of the FSO Chalchi, retaining a 55% majority interest, according to a Friday statement by SBM Offshore.

FSO Chalchi is currently under construction, and SBM Offshore will operate under a 20-year lease and operating contract with Woodside Energy through its Mexican affiliate, Woodside Petróleo Operaciones de México, the statement added.

The company's shares fell 2% in recent Friday trade.

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