Woodside approves $7.2bn deepwater oil project in Mexico's Gulf.

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Source: Financial Times
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Australian energy company Woodside has announced plans to invest in a $7.2bn oil project in the Gulf of Mexico. The project, operated by US-based Hess Corporation, is expected to produce 80,000 barrels of oil per day by 2026. Woodside's investment is part of its strategy to expand its global portfolio and increase its exposure to high-quality growth opportunities.

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