M&A Deal Summary

BHP Billiton Petroleum Pty, BP Developments Australia Pty, Chevron Australia Pty, Japan Australia LNG Pty., Shell Development Proprietary and Woodside Energy Acquire North West Shelf Gas Pty

On January 1, 1970, BHP Billiton Petroleum Pty, BP Developments Australia Pty, Chevron Australia Pty, Japan Australia LNG Pty., Shell Development Proprietary and Woodside Energy acquired oil/gas exploration company North West Shelf Gas Pty for 27.0B AUD

Acquisition Highlights
  • This is BHP Billiton Petroleum Pty’s 1st, BP Developments Australia Pty’s 1st, Chevron Australia Pty’s 1st, Japan Australia LNG Pty.’s 1st, Shell Development Proprietary’s 1st and Woodside Energy’s 1st transaction in the Oil/Gas Exploration sector.
  • This is BHP Billiton Petroleum Pty’s 0th, BP Developments Australia Pty’s 0th, Chevron Australia Pty’s 0th, Japan Australia LNG Pty.’s 0th, Shell Development Proprietary’s 0th and Woodside Energy’s 0th largest (disclosed) transaction.
  • This is BHP Billiton Petroleum Pty’s 1st, BP Developments Australia Pty’s 1st, Chevron Australia Pty’s 1st, Japan Australia LNG Pty.’s 1st, Shell Development Proprietary’s 1st and Woodside Energy’s 1st transaction in Australia.

M&A Deal Summary
Date 1970-01-01
Target North West Shelf Gas Pty
Sector Oil/Gas Exploration
Buyer(s) BHP Billiton Petroleum Pty
BP Developments Australia Pty
Chevron Australia Pty
Japan Australia LNG Pty.
Shell Development Proprietary
Woodside Energy
Deal Type Joint Venture
Deal Value 27.0B AUD

Target

North West Shelf Gas Pty

Perth, Australia
North West Shelf Gas (NWSG) is an agency established by the North West Shelf Project to market domestic gas to gas distribution/aggregation companies, electricity producers, major industrial customers and gas traders in Western Australia.Backed by the North West Shelf Project’s world class reserves and safe and reliable production record, NWSG draws on the capability and experience of some of the world’s leading energy companies.Flexible in our approach, we have a reputation for customer service excellence and providing fair and competitive gas supply solutions.

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Buyer(S) 6

Buyer

BHP Billiton Petroleum Pty

Perth,, Australia
Category Company
Sector Oil/Gas Exploration
DESCRIPTION

BHP Billiton Petroleum (North West Shelf) Pty Ltd. produces hydrocarbons and operates as a subsidiary of BHP Billiton Ltd.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Joint Venture) 1 of 1
Country (Australia) 1 of 1
Year (1970) 1 of 1
Buyer

BP Developments Australia Pty

Melbourne, Australia
Category Company
Founded 1920
Sector Oil/Gas Exploration
DESCRIPTION

BP Developments Australia Pty Ltd.engaged in the exploration for and production of oil, natural gas and liquefied natural gas; and the refining, transporting and marketing of petroleum and lubricant products. Via our two refineries and a national network of terminals, depots and truck stops, we are one of the largest suppliers of fuel to Australia's industrial sector. We also have a network of some 1300 retail service stations.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Joint Venture) 1 of 1
Country (Australia) 1 of 1
Year (1970) 1 of 1
Buyer

Chevron Australia Pty

Perth,, Australia
Category Company
Founded 1999
Sector Oil/Gas Exploration
DESCRIPTION

Chevron Australia leads the development of the Gorgon and Wheatstone natural gas projects; manages its equal one-sixth interest in the North West Shelf Venture; and operates Australia’s onshore oilfield on Barrow Island and the Thevenard Island oilfields.

DEAL STATS #
Overall 1 of 3
Sector (Oil/Gas Exploration) 1 of 3
Type (Joint Venture) 1 of 1
Country (Australia) 1 of 3
Year (1970) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-23 Blocks S12-2 and S12-3 in the Bight Basin

Australia

Blocks S12-2 and S12-3 in the Bight Basin comprises two offshore blocks including blocks S12-2 and S12-3 that provides oil and gas exploration which span more than 32,000 square kilometres.

Buy -
Buyer

Japan Australia LNG Pty.

Perth, Australia
Category Company
Founded 1984
Sector Oil/Gas Exploration
DESCRIPTION

apan Australia LNG (MIMI) Pty. Ltd. develops, produces, transports and sells natural gas, condensate, crude oil, and LPG.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Joint Venture) 1 of 1
Country (Australia) 1 of 1
Year (1970) 1 of 1
Buyer

Shell Development Proprietary

Perth, Australia
Category Company
Founded 1901
Sector Oil/Gas Exploration
DESCRIPTION

Shell Development (Australia) Proprietary Limited explores oil and gas in Australia.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Joint Venture) 1 of 1
Country (Australia) 1 of 1
Year (1970) 1 of 1
Buyer

Woodside Energy

Perth, Australia
Category Company
Founded 1954
Sector Oil/Gas Exploration
DESCRIPTION

Woodside Energy Ltd. explores, develops, and produces hydrocarbon and hydrocarbon products.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Joint Venture) 1 of 1
Country (Australia) 1 of 1
Year (1970) 1 of 1
Mergr

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