BHP backs Scarborough project

Original article by Matt Chambers
The Australian – Page: 20 : 25-Oct-18

Woodside Petroleum aims to commence development of the Scarborough gas field in 2020, after buying ExxonMobil’s stake earlier in 2018. Development of the project will boost the struggling petroleum division of BHP Billiton, Woodside’s partner in Scarborough. Steve Pastor, the head of BHP’s oil and gas operations, says the resources giant is upbeat about Scarborough, whose development had stalled under the joint ownership of ExxonMobil. BHP’s oil and gas production could fall to its lowest level in 20 years in 2018, following the sale of its US shale assets.

CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, BHP BILLITON LIMITED – ASX BHP, EXXONMOBIL CORPORATION, ENERGY INTELLIGENCE GROUP INCORPORATED, ORGANISATION OF PETROLEUM EXPORTING COUNTRIES

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