Woodside Petroleum has agreed to buy half of BHP Billiton’s stake in the Scarborough gas field offshore Western Australia for approximately £300.53 million.
BHP Billiton | Offshore Post
Offshore drilling contractor, Transocean, has been awarded three new drilling contracts, worth a total backlog of at least US$139 million.
BHP Billiton’s president for petroleum, has hinted at the possibility that one of the firm’s offshore discoveries is looking to be a major oil find.
BHP Billiton, the Australian mining giant, has signed exploration licences with the Government of Barbados for two blocks close to the island nation.
BHP Billiton’s leadership team is committed to delivering greater productivity gains and to cutting costs more aggressively- market analysts voice doubts