Woodside, an Australian petroleum exploration and production company, completed the merger with the oil and gas business of BHP Group, a resources company, in a $28bn deal. "The merger of our petroleum assets with Woodside creates a leading global energy company with scale and opportunity to help supply the energy needed for global growth and development in a rapidly decarbonising world. Our shareholders will now have exposure to assets in two organisations, BHP and Woodside, each with a very clear focus, strategy and value proposition," Mike Henry, BHP CEO. On December 16, 2021, Australia regulator approved Woodside merger with BHP's petroleum arm. On May 19, 2022, 98.66% of Woodside's shareholders voted for the proposed merger with the petroleum business of BHP Group.