PERTH - Woodside Petroleum Ltd. said Tuesday its offshore expansion plans remain intact following its purchase of a stake in a large natural gas field off Israel's coast, despite concerns the deal could see it blacklisted in other parts of the Middle East.
"Woodside's current footprint doesn't take us into some of the neighboring states around Israel, so we don't see it in anyway affecting us, either in the short-term or mid-term," Peter Coleman, Woodside's chief executive, told reporters on the sidelines of an industry conference.
Copyright (c) 2012 Dow Jones & Company, Inc.
WHAT DO YOU THINK?
Click on the button below to add a comment.
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
More from this Author
Most Popular Articles
From the Career Center
Jobs that may interest you