Origin Energy

Origin Planning Exit From Most Upstream Assets, but Keeping Stake in Australia Pacific LNG

Origin Planning Exit From Most Upstream Assets, but Keeping Stake in Australia Pacific LNG

Sydney-based Origin Energy Ltd. plans to divest its interest in Australia’s Beetaloo Basin and end its involvement in a joint venture (JV) to develop unconventional natural gas resources in the play as it continues to focus on energy transition initiatives.  Origin – which also has power generation assets and utility businesses in Australia, Papua New…

September 20, 2022
Origin Energy Likely to Write Off $200M for Australia Pacific LNG Stake

Origin Energy Likely to Write Off $200M for Australia Pacific LNG Stake

Australia’s Origin Energy Ltd. expects to write off $190-200 million by selling a 10% stake in the Australia Pacific liquefied natural gas (LNG) venture. Ahead of the release of its half-year results on Thursday, the integrated energy company disclosed that the completion of the sale by the end of March will likely leave the company…

February 15, 2022
EIG Strikes Nearly $1.6B Deal for Stake in Australian LNG Project

EIG Strikes Nearly $1.6B Deal for Stake in Australian LNG Project

EIG Global Energy Partners, a private equity firm that specializes in investments in energy infrastructure, agreed on Monday to pay Origin Energy Ltd $1.59 billion for a minority stake in Australia Pacific LNG Pty Limited, a joint venture with ConocoPhillips and Sinopec.   The liquefied natural gas (LNG) project is the largest by liquefaction capacity on…

October 26, 2021