The BHP board has supported a proposal to unify the company’s dual listing into one corporate entity, ahead of a shareholder vote on the matter in January.
BHP Petroleum and Woodside Petroleum have consolidated their oil and gas portfolios in a merger that’s set to create one of the largest independent energy companies globally.
DDH1 has signed a binding agreement with Swick’s drilling business to create a new entity that will deliver an estimated $445 million in revenue.
Gascoyne Resources has hired a takeover response team to assist with Westgold Resources’ forthcoming offer to acquire the company.
Kirkland Lake Gold has agreed to merge with Agnico Eagle Mines to create a gold mining company with a $US26.1 billion ($36 billion) market capitalisation.
Santos and Oil Search have confirmed they will merge to create a $21 billion entity that will sustain both companies in the wake of a low carbon future.
Galaxy Resources and Orocobre have completed their merger and will rebrand as Allkem, setting the stage for the creation of one of the world’s largest lithium companies.
BHP has confirmed it is in discussions to merge its petroleum business with Woodside Energy.