Woodside and BHP Petroleum Merger
Woodside shareholders voted to approve the proposed merger (the Merger) with the petroleum business of BHP Group Limited at the Annual General Meeting on Thursday, 19 May 2022. All conditions to precedent necessary to implement the Merger that require a positive action or event in the order to be satisfied have now been satisfied or waived.
Completion of the Merger occurred on 1 June 2022.
Woodside Energy Group Ltd (WDS) is listed on the Australian Securities Exchange (ASX), with secondary listings on the London Stock Exchange (LSE) and the New York Stock Exchange (NYSE).
Merging Woodside with BHP’s oil and gas business delivers a stronger balance sheet, increased cash flow and enduring financial strength to fund planned developments in the near term and new energy sources into the future.
The proven capabilities of both Woodside and BHP will deliver long-term value through our geographically diverse and balanced portfolio of tier 1 operating assets and low-cost and low-carbon growth opportunities.
