Woodside confirms merger talks with BHP Petroleum
Published by Callum O'Reilly,
Senior Editor
Hydrocarbon Engineering,
In a recent statement, Woodside has confirmed that it is in discussions with BHP Petroleum regarding a potential merger.
The statement from Woodside read: “Woodside notes recent speculation regarding a potential transaction between Woodside and BHP Petroleum.
“Woodside continuously reviews the composition of its asset portfolio and opportunities to create and deliver value for shareholders. Woodside is engaged in discussions with BHP regarding a potential merger involving BHP’s entire petroleum business through a distribution of Woodside shares to BHP shareholders.
“These discussions are ongoing. Woodside will continue to update the market in accordance with its continuous disclosure obligations.”
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/16082021/woodside-confirms-merger-talks-with-bhp-petroleum/
You might also like
The Hydrocarbon Engineering Podcast - Education and training for every phase of the insulating system design process
In this episode of the Hydrocarbon Engineering Podcast, Brandon Stambaugh, Owens Corning Director for Technical Services, joins us to discuss engineers’ demand for education and training to support the critical phases that affect the performance and longevity of insulating systems.
Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.
