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Woodside faces long trek for Oil Search bid

It needs support from both PNG and Abu Dhabi for the success of A$11.65b takeover

Published Wed, Sep 9, 2015 · 09:50 PM
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Melbourne

THE keys to what would be the biggest energy takeover in the Asia-Pacific region are separated by over 10,000km and billions of dollars in gross domestic product (GDP).

Woodside Petroleum needs support from both Papua New Guinea (PNG) and Abu Dhabi for the success of its A$11.65 billion (S$11.61 billion) bid for Port Moresby-based Oil Search.

Abu Dhabi-owned International Petroleum Investmen…

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