Woodside Petroleum Offers $8.1 Billion for Oil Search

Updated on
  • Woodside's $8.1 billion share offer is at a 14% premium
  • Oil Search's PNG LNG project started exports last year

Woodside Petroleum Ltd. offered about A$11.65 billion ($8.1 billion) in stock for Oil Search Ltd. in what would be the biggest energy takeover in the Asia Pacific region.

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