BHP faces production decrease

BHP’s crude oil, condensate and natural gas liquids production decreased by 14 per cent in the second half of 2020 compared with the previous period due to lower demand from Bass Strait and the North West Shelf (NWS). Read More

BHP moves West Barracouta closer to first production

BHP is confident that the West Barracouta joint venture project in the Bass Strait will be online in 2021 following further progress during the September quarter. The company reported that the West Barracoutta
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APA to buy and upgrade Orbost plant

Under the terms of the HoA, the two companies have agreed to exclusively negotiate APA’s acquisition, upgrade and operation of the Orbost Gas Processing Plant in Victoria in conjunction with Cooper’s
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Beach bags offshore interests

Beach will acquire Toyota’s 5 per cent stake in the Otway Gas Project (OGP) and 11.25 per cent stake in the BassGas Project for cash consideration. The purchase price remains confidential, with the
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Beach increases production target

Strong operating performance also underpins Beach’s decision to increase standalone FY18 production guidance to 10.6-11.0 MMboe, up from the previous guidance of 10.0-10.6 MMboe. Beach’s production
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