Energy giants make good on exploration promise

Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 23 : 20-Dec-19

Chevron will spend $75.9m on oil and gas exploration in Australia over the next three years, while BP in turn will spend $40.6m. South Australia’s Energy Minister Dan van Holst Pellekaan has welcomed their commitment to spend a combined $60m on exploration in the state. Meanwhile, Centre Alliance MP Rebekha Sharkie has criticised the National Offshore Petroleum Safety & Environmental Management Authority’s decision to approve Equinor’s drilling program in the Great Australian Bight. Chevron and BP had both abandoned plans to undertake exploration in the Bight in recent years.

CORPORATES
CHEVRON CORPORATION, BP PLC, SOUTH AUSTRALIA. DEPT FOR TRANSPORT, ENERGY AND INFRASTRUCTURE, AUSTRALIA. NATIONAL OFFSHORE PETROLEUM SAFETY AND ENVIRONMENTAL MANAGEMENT AUTHORITY, EQUINOR ASA, CENTRE ALLIANCE, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE

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