bp to buy Woodside's 70pc Calypso stake in Trinidad, Tobago
Ownership of the Calypso gas project is shifting to bp, affecting future LNG and gas supply from Trinidad and Tobago.
Source →The trace
How it reaches your house.
Starting from Woodside Energy Group Ltd., we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Woodside Energy Group Ltd. →Stands to benefitBPBP
BP is acquiring Woodside's 70% stake and becoming sole owner, so it clearly gains control of the Calypso project.
“BP PLC said Thursday it has agreed to acquire Woodside Energy Group Ltd's 70 percent operating stake in the Calypso gas field offshore Trinidad and Tobago, which would make the British energy giant the sole owner.”
98% confidenceCited →Woodside Energy Group Ltd. →supply upTrinidad and Tobago
Full ownership of Calypso is described as potentially strengthening Trinidad and Tobago's gas supply, but the project is still early-stage and contingent.
“BP is acquiring Woodside Energy’s 70% interest in the Calypso deepwater gas project, giving it complete control of a resource that could materially strengthen Trinidad and Tobago’s gas supply.”
73% confidenceCited →Hop 2
Natural gas wellhead production →Stands to benefitBP is the direct buyer of Woodside's 70% Calypso stake, so the ownership shift benefits BP's upstream gas position on this supply edge.
74% confidence
Where it lands
What you buy, and what you own.
Goods you buy
No consumer goods on this path.
In the MyPRIA app, this is checked against your own holdings.