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Green groups raise oil and gas clean-up fears as Woodside takes over BHP assets

Environmentalists alarmed there is no written guarantee will meet decommissioning and remediation costs

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Woodside Petroleum has not given a guarantee it will pay for billions of dollars in decommissioning and remediation costs linked to a portfolio of oil and gas fields it has agreed to take over from BHP.

Green groups say Woodside lacks credibility in paying for clean-ups after selling a floating rig, Northern Endeavour, for a nominal amount to a company that collapsed three years later without paying decommissioning costs estimated at between $200m and $1bn. Woodside has claimed the sale was reviewed by regulators and approved.

Related: BHP to shift oil and gas assets into Woodside Petroleum as part of major overhaul

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