JERA, a power generation company, agreed to acquire a 15.1% stake in Scarborough gas field from Woodside, an Australian petroleum exploration and production company, for $1.4bn. “Solving the world's energy issues requires deep collaboration to tackle challenges one by one with reliable partners. I am grateful for the open and engaging dialogue I have had with Woodside CEO Meg O’Neill. I look forward to further developing our relationship with Woodside, a global player in LNG, and to promoting new initiatives to achieve decarbonization,” Yukio Kani, JERA Global CEO and Chairman.