Woodside gives up historic oil permit

WOODSIDE Petroleum has surrendered permit WA-271-P in the Exmouth Sub-basin which it has held since 2005, according to the offshore titles regulator.

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Single duster Exmouth permit relinquished

The oil-prospective permit was close to the Pyrnees floating production storage and offloading vessel. 

It holds the permit in a 60%-40% split with Mitsui, and was the operator.