BHP has successfully bid for two exploration blocks in eastern Canada’s offshore Orphan Basin where it will join Chevron Corporation and Shell in the frontier Atlantic Ocean exploration province.
BHP has expanded its exploration exposure to remote Canadian waters
The basin spans 160,000sq.km and has only seen seven wells drilled, between 1974 and 1985. It is adjacent to the Jeanne D'Arc Basin that is producing 400,000 barrels per day from three fields. ...
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