Financial Times | Woodside walks away from Oil Search Financial Times Oil Search, whose main asset is a 29 per cent stake in a Papua New Guinea liquified natural gas project, had said its board “concluded that the indicative Woodside proposal grossly undervalued the company”. In response, Oil Search shares fell as much ... Woodside Petroleum abandons Oil Search takeover ambitions Woodside shelves takeover bid for PNG company Oil Search Woodside puts Oil Search ambitions on ice: sources |