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BP surrenders 2000sq.km on North West Shelf

BP has surrendered exploration permit WA-525-P on the North Western Shelf of Western Australia, which it once saw as likely backfill for the North West Shelf LNG plant.

Jonathon Davidson & Helen Clark

File photo: offshore assets in the NWS

It took the permit in 2016 and retained 100% throughout its tenure, with an exploration well due this year at a cost of $85 million. "When the existing NWS JV fields come off plateau, there will be...

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