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.
