✕
EXPLORATION

BHP bites Philippines lure

BHP Billiton Petroleum has signed a conditional heads of agreement with Otto Energy to take a 60% stake in SC55 offshore Palawan Basin, Philippines by carrying Otto through a 3D seismic program and two deepwater exploration wells.

BHP bites Philippines lure

Otto will retain a 25% stake in the permit and transfer operatorship of the permit to BHP. The agreement is conditional on finalising farm-out and joint operating agreements and obtaining government and...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

MOST POPULAR

1
OPERATIONS

INTERVIEW: ADZ rises from Armour's ashes flush with funds and hungry for growth

2
POLICY

Woodside boosts DomGas supplies amid WA shortage concerns

3
MARKETS

Tamboran seals deal with NT government for gas supply

4
MARKETS

TotalEnergies acquires remaining 50% share of Malaysia's SapuraOMV

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

Content
About
Solutions
Legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902

Login