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PERENCO is set to expand its energy footprint in Trinidad and Tobago with the impending acquisition of Woodside Energy’s Greater Angostura oil and gas assets.

The deal includes offshore producing fields in the northeast shallow waters, an onshore oil terminal and associated production and transportation infrastructure.

Once the transaction is finalised, Perenco will assume control of two Woodside subsidiaries and take over operations of the 2(C) and 3(A) Production Sharing Contracts.