According to The Australian Financial Review, Japanese giant Mitsui & Co has started sounding out potential buyers for its oil and gas joint ventures with Woodside Petroleum, in Western Australia, fuelling expectations of a potential divestment.
Sources said Mitsui and its advisers had asked interested parties to think about its oil projects Vincent, Enfield and Greater Enfield, and gas projects Toro and Ragnar, all owned alongside Australia’s Woodside.
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