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15
Nov
2016
Woodside completes BHP buyBy:Creamer Media Senior Deputy Editor: Australasia OIL & GAS Oil and gas major Woodside has completed the acquisition of half of major BHP Billiton’s Scarborough area assets.
The two companies in September struck an agreement under which Woodside would pay BHP $250-million and a contingent payment of $150-million upon a positive final investment decision to develop the Scarborough field.
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