Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 1 & 19 : 23-Nov-21

Woodside Petroleum will become one of the world’s 10 biggest oil and gas producers after it finalised a deal to merge with BHP’s petroleum division. The announcement of a binding merger deal has coincided with the long-awaited final investment decision on the $16.5bn Scarborough LNG project. Woodside will control 52 per cent of the enlarged company, in line with the original terms of the merger deal that were released in August. The merger will expand the scope of Woodside’s operations to include Australia, the US, Africa and the Caribbean.

CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, BHP GROUP LIMITED – ASX BHP