Woodside and BHP align interests in Scarborough

WOODSIDE Petroleum and BHP have agreed to align their participating interests in the Scarborough and North Scarborough titles, resulting in Woodside holding a 73.5% interest and BHP holding a 26.% interest.

Woodside and BHP align interests in Scarborough Woodside and BHP align interests in Scarborough Woodside and BHP align interests in Scarborough Woodside and BHP align interests in Scarborough Woodside and BHP align interests in Scarborough

Key step toward FID

 
The pair have also agreed to apply for production licences, switching from the long held retention leases, in respect of both titles, with the agreement subject to usual approvals.