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Australia’s Woodside and BHP have signed off on their plan to merge BHP’s oil and gas portfolio with Woodside and final investment decisions have been made on the Scarborough and Pluto Train 2 developments, showed exchange filings Nov. 22. The two companies signed Nov. 22 a binding share sale agreement for the merger, which will ...
For Woodside, the $16 billion Scarborough LNG project has gone from nothing to central to its existence in just five years.
The Greater Pluto region off Western Australia comprises the Pluto, Xena, Pyxis, Larsen, Martell, Martin, Noblige and Remy fields.
Rothschild & Co has recruited a new director for its natural resources investment banking at an extremely busy time for the firm in Australia.
Global oil and gas prices have continued their upward trajectory, underlining the rebound in demand as economic activity has picked up in Asia and elsewhere, the company said. (Update clarifies Wheatstone reserves adjustment.)