AUSTRALIA

Oilies bring back northwest fields

SANTOS has resumed output at the Mutineer-Exeter oil project while BHP Billitons Griffin oil fiel...

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According to Bloomberg, Santos has ramped Mutineer-Exeter oil production back up to 4000-5000 barrels of oil per day.

Woodside was due to restart the North West Shelf’s Cossack oil venture yesterday and has already brought Enfield back online.

However, production at BHP’s Griffin oil field remains shut-in, while Stybarrow reached full production on January 1.

Cyclone Melanie, which was the first cyclone of the season in northwestern Australia, has since weakened into a tropical low, bringing calmer seas.

However, the Bureau of Meterology has warned that another low pressure system off the coast of Wyndham could develop into a cyclone later today.

The bureau is forecasting winds up to 120km/h and heavy rain.

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