Sydney Morning Herald | Woodside Petroleum abandons Oil Search takeover ambitions Sydney Morning Herald Woodside Petroleum has formally abandoned its $11.6 billion ambition to buy Papua New Guinea oil and gas champion Oil Search, leaving investors expecting it to re-direct its expansion attentions elsewhere as the industry labours with an extended ... Woodside puts Oil Search ambitions on ice: sources Woodside Abandons Oil Search Takeover Offer Woodside withdraws Oil Search bid |