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Woodside Energy, PEMEX Sign MOU To Explore Deepwater Opportunities In Gulf Of Mexico

Source: Nasdaq

Company FundamentalsCommodities & Raw MaterialsEnergy Markets & Prices

Woodside Energy Group signed an MoU with Mexico’s state-owned oil company PEMEX to assess potential deep-water hydrocarbon exploration and extraction opportunities. The announcement is exploratory (no deal size or timeline disclosed), but it modestly improves Woodside’s growth optionality through potential future project development in Mexico.

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