BHP Agrees to Sell Oil Business in $13 Billion All-stock Deal

Transaction Type
Multiple; International
Announce Date
Post Date
Estimated Price

To acquire BHP’s petroleum business that includes conventional oil and gas operations centered in the US GoM, Australia, Trinidad and Tobago, and Algeria plus exploration, development and production activities in Mexico, deepwater Trinidad and Tobago, Western Gulf of Mexico, Eastern Canada and Barbados. (Expected to close in 2022)