BHP Billiton completes Browse sale to PetroChina

BHP Billiton (NYSE:BBL) has completed the $1.63-billion sale of its interest in both the East Browse and West Browse joint ventures offshore Australia to PetroChina (NYSE:PTR).

Offshore staff

LONDON – BHP Billiton (NYSE:BBL) has completed the $1.63-billion sale of its interest in both the East Browse and West Browse joint ventures offshore Australia to PetroChina (NYSE:PTR).

PetroChina International Investment (Australia) Pty Ltd. assumes the 8.33% interest in East Browse and the 20% interest in West Browse that BHP Billiton held.

All approvals are in hand and the final documents were signed in Beijing.

6/07/2013

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