Australia's Woodside Petroleum bids for a stake in the massive Leviathan natural gas field off...
Monday, October 22, 2012, 5:15 AM ETAustralia's Woodside Petroleum bids for a stake in the massive Leviathan natural gas field off the coast of Israel in which up to 30% of the rights are being sold. The Globes newspaper reports that Woodside's offer values Leviathan at $7.5B, 50% greater than analyst estimates. Other leading bidders include Gazprom and Korea Gas, although Noble Energy (NBL), which owns 40% in Leviathan, prefers a Western Partner.
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