AUSTRALIA

Woodside finds Scarborough fair

WOODSIDE Petroleum has just made a bold statement about the future of its gas developments in Australia, buying into BHP Billiton's share of the remote Scarborough gas field in the Carnarvon Basin, although the field is smaller than many believed.

Woodside finds Scarborough fair

BHP Billiton held Scarborough with ExxonMobil within a joint venture that has never been able to find an alignment on the development of the remote giant gas field, and Woodside has agreed to buy half...

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