Woodside Energy (NYSE:WDS) is involved in intensive discussions with "a couple of parties" interested in participating in its just-approved $17.5B Louisiana LNG gas export project, CEO Meg O’Neill said Tuesday.

Australian company Woodside Energy announced Tuesday that it has approved a plan for a Louisiana LNG project. The company said the $17.5 billion investment will be made in the LNG project, pipeline, and management reserve.

(Reuters) -Woodside Energy is in talks with an overseas unit of Kuwait Petroleum to sell a stake in its Louisiana liquefied natural gas plant in the U.S., Bloomberg News reported on Monday, citing people with knowledge of the matter.