Woodside to sign Leviathan deal

Aust firm to ink final agreement today on entry into major gas field: report.

A deadline for Woodside Petroleum’s (WPL) planned entry into the Leviathan gas field will be met, with a signing ceremony to take place in Jerusalem today, according to Israeli business news service Globes.

Woodside first announced a conditional purchase of 30% of the mammoth project in December 2012 before agreeing a revised Memorandum of Understanding last month, which saw the deal adjusted to a 25% stake for about $2.85 billion.

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