The National Offshore Petroleum Titles Administrator has provided the approval under Chapter 5A of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (Cth) necessary for Woodside to implement the proposed merger with BHP Group’s petroleum business.

Woodside shareholder approval, which will be sought at Woodside’s 2022 Annual General Meeting on 19 May 2022, is the only outstanding condition precedent requiring a positive action or an event in order to be satisfied.

Following shareholder approval, Woodside expects completion of the merger to occur on 1 June 2022.(1)

(1) The merger remains subject to certain conditions precedent that, in the absence of an unforeseen event, will be deemed to be satisfied on or before 31 May 2022.

About Woodside

Woodside led the development of the LNG industry in Australia and is applying this same pioneering spirit to solving future energy challenges. With a focused portfolio, Woodside is recognised for its world-class capabilities as an integrated upstream supplier of energy. As Australia’s leading LNG operator, Woodside operated 6% of global LNG supply in 2020.
Woodside’s proven track record and distinctive capabilities are underpinned by more than 65 years of experience, making Woodside a partner of choice.

About BHP

BHP is a world-leading resources company. We extract and process minerals, oil and gas, with more than 60,000 employees and contractors, primarily in Australia and the Americas. Our products are sold worldwide, with sales and marketing led through Singapore and Houston, United States. Our global headquarters are in Melbourne, Australia.

We operate under a Dual Listed Company structure with two parent companies (BHP Billiton Limited and BHP Billiton Plc) operated as if we were a single economic entity, which we refer to as BHP. We are run by a unified Board and management.