OPERATIONS

Woodside applies for Browse production licenses 

WOODSIDE Petroleum has now applied for production licenses for its Browse fields from the offshore titles regulator this week after holding them as retention licenses for over 15 years, but CEO Peter Coleman still sees a hard road ahead to develop his flagship A$40 billion Burrup Hub concept to market this decade. 

Woodside's Burrup Hub concept

Woodside's Burrup Hub concept

Last year then-federal resources minister Matt Canavan warned if companies failed to develop resources in a timely manner he could trigger ‘use or lose it' protections and pull the permits.    When...

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