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Woodside prepares for A$1.5bn Shenzi impairment

BHP Petroleum merger provides major reserves boost

Colin Sandell-Hay
Credit: Shutterstock/Dabarti CGI

Credit: Shutterstock/Dabarti CGI

Woodside's June 2022 merger with BHP Petroleum (BHPP) has helped the Australian oil and gas giant report a significant reserve increase while also adding a major impairment to its balance sheet. Releasing...

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