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Property Plant And Equipment (Tables)
 12 Months Ended
Dec. 31, 2024
Disclosure of detailed information about property, plant and equipment [abstract]  
Property plant and equipment
Land
and
buildings
Oil and
gas
properties
1
Projects in
development
2
Other
plant and
equipment
1
Total
US$m
US$m
US$m
US$m
US$m
 
  
Year ended 31 December 2024
               
Carrying amount at 1 January 2024
   
701
  
24,168
  
15,724
  
198
  
40,791
Acquisitions through business combination and asset acquisitions
3
   
92
  
-
  
2,211
  
-
  
2,303
Additions
4
   
-
  
(293
)
   
5,514
  
-
  
5,221
Disposals at written down value
5
   
(3
)
 
   
(4
)
 
   
(1,178
)
 
   
-
  
(1,185
 )
 
Depreciation and amortisation
   
(56
)
   
(4,419
)
   
-
  
(48
)
 
   
(4,523
 )
Completions and transfers
6
   
-
  
6,335
  
(6,345
)
   
39
  
29
 
  
Carrying amount at 31 December 2024
   
734
  
25,787
  
15,926
  
189
  
42,636
 
  
At 31 December 2024
               
Historical cost
   
1,830
  
58,303
  
16,300
  
533
  
76,966
Accumulated depreciation and impairment
   
(1,096
)
   
(32,516
)
   
(374
)
   
(344
)
   
(34,330
 )
 
  
Net carrying amount
   
734
  
25,787
  
15,926
  
189
  
42,636
 
  
Year ended 31 December 2023
               
Carrying amount at 1 January 2023
   
840
  
23,377
  
15,541
  
161
  
39,919
Additions
   
-
  
836
  
5,759
  
-
  
6,595
Disposals at written down value
   
(8)
  
(2)
  
-
  
-
   
(10)
Depreciation and amortisation
   
(67)
  
(3,844)
     
-
  
(45)
  
(3,956)
Impairment losses
7
   
(64)
  
(1,048)
     
(328)
  
-
  
(1,440)
Completions and transfers
   
-
  
4,855
  
(4,633)
  
82
  
304
Transfer to assets held for sale
   
-
  
(6)
  
(615)
  
-
  
(621)
 
  
Carrying amount at 31 December 2023
   
701
  
24,168
  
15,724
  
198
  
40,791
 
  
At 31 December 2023
               
Historical cost
   
1,745
  
51,755
  
16,443
  
496
  
70,439
Accumulated depreciation and impairment
   
(1,044)
  
(27,587)
     
(719)
  
(298)
  
(29,648)
 
  
Net carrying amount
   
701
  
24,168
  
15,724
  
198
  
40,791
 
  
 
This note was previously presented as Oil and Gas Properties and has been renamed to Property, Plant and Equipment.
1.
Transferred exploration and evaluation and plant and equipment, which were categories in 2023, have been reviewed and presented in new categories in 2024. Transferred exploration and evaluation and operational plant and equipment have been combined and presented as ‘oil and gas properties’. All remaining plant and equipment have been presented as ‘other plant and equipment’. The 2023 amounts have been reclassified to be presented on the same basis.
2.
$1,407 million of the carrying amount as at 31 December 2024 in projects in development relates to new energy assets.
3.
Refer to Note B.5 for details on business combination and Note B.7 for details on asset acquisitions. Projects in development include the fair value ascribed to future phases of certain projects acquired through business combinations.
4.
Includes $5,003 million of capital additions 
and
$410 million of capitalised borrowing costs
offset by
$192 million following changes in restoration provision.
5.
Refer to Note B.8 for details on disposal of assets.
6.
Upon first oil in June 2024, the carrying value of the Sangomar project has been transferred from projects in development to oil and gas properties.
7.
Refer to Note B.4 for details on impairment.