EXPLORATION

Beach cancels Otway drill contract over late rig, delays program

BEACH has cancelled its upcoming offshore Otway drilling campaign planned to begin in the  middle of this month as Diamond Offshore’s Ocean Onyx drill rig arrived late to site.

Beach's Otway gas plant

Beach's Otway gas plant

    It has issued Diamond Offshore  a notice to terminate its contract for the rig, which is already in Victorian state waters.   The drill campaign has been pushed back until at least next financial...

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