EnergyReader · 2026-08-07 18:47

BP Takes Sole Control of Calypso Deepwater Gas Field as Woodside Exits Trinidad

By EnergyReader Newsroom · August 7, 2026

BP agreed on Thursday (2026-08-06) to acquire Woodside Energy Group's 70 percent operating stake in the Calypso deepwater gas field offshore Trinidad and Tobago, becoming the field's sole owner. The deal completes Woodside's full exit from the Caribbean country, following the Australian company's sale of its producing assets in the Greater Angostura complex to Perenco last year for AUD 206 million, or approximately $145 million.

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