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Woodside raises cost estimate for Scarborough gas field

Woodside raises cost estimate for Scarborough gas field We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement Woodside, the nation’s largest oil and gas producer, has raised the cost estimate for the multibillion-dollar Scarborough gas field it plans to develop off Western Australia in a joint venture with BHP. With both companies aiming to give the giant gas project the financial go-ahead later this year, Woodside on Wednesday re...
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Source: smh.com.au

Australia: Woodside reports increased cost estimate for Scarborough development

Australia: Woodside reports increased cost estimate for Scarborough development 04 Aug 2021 In the lead up to the targeted final investment decision (FID) later this year, Woodside has finalised technical work to support execution readiness and completed an update of the capital expenditure requirements for the Scarborough development. Refreshed pricing from major contractors underpins the updated cost estimate, and reflects Woodside’s work with them since 2020 to maximise the value of the...
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