Search results for: BHP Billiton

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  • 20 September 2013

    BHP Billiton’s US$1.5 billion Macedon domestic gas project in Onslow, Western Australia, was officially opened today by the Honourable Colin Barnett, Premier of Western Australia. First gas commenced on target in August 2013 at the BHP Billiton-operated facility which commercialises natural gas from offshore production lease WA-42-L located in the Exmouth Sub-Basin. BHP Billiton Asset President Conventional, Steve Pastor, […]

  • 6 December 2016
    Business & Finance

    BHP Billiton has won operatorship over Pemex’s Trion discovery offshore Mexico in what is Pemex’s first such cooperation.  During Mexico’s first bidding round, held on Monday, BHP Billiton submitted the winning bid to acquire a 60 per cent participating interest in and operatorship of blocks AE-0092 and AE-0093 containing the Trion discovery, beating the offer […]

  • 30 April 2015
    Project & Tenders

    The Government of Barbados and BHP Billiton signed exploration licences for two offshore blocks, Carlisle Bay and Bimshire.  These blocks are approximately 40 kilometers southeast of the island nation, total about 5,000 square kilometers and are located in waters ranging from approximately 1,200 to 2,000 meters in depth. Upon approval by the Government of an […]

  • 21 February 2013
    Business & Finance

     BHP Billiton, an Anglo–Australian multinational mining and petroleum company, yesterday announced that Marius Kloppers will retire as Chief Executive Officer and a Director of the company on 10 May, 2013 and that Andrew Mackenzie, will succeed him and join the Board on that date. Marius will retire from the Group on 1 October 2013. Mackenzie, […]

  • 12 December 2012

    BHP Billiton has signed a definitive agreement with PetroChina International Investment (Australia) to sell its 8.33 per cent interest in the East Browse Joint Venture and 20 per cent interest in the West Browse Joint Venture, located offshore Western Australia, for a cash consideration of US$1.63 billion. The transaction is subject to regulatory approval and […]

  • 30 April 2015
    Business & Finance

    The Government of Barbados and BHP Billiton today signed exploration licences for two offshore blocks, Carlisle Bay and Bimshire. These blocks are approximately 40 kilometers southeast of the island nation, total about 5,000 square kilometres and are located in waters ranging from approximately 1,200 to 2,000 metres in depth. Upon approval by the Government of […]

  • 22 February 2011
    Project & Tenders

      Chesapeake Energy Corporation announced it has agreed to sell all of the company’s interests in approximately 487,000 net acres of leasehold and producing natural gas properties in the Fayetteville Shale play in central Arkansas to BHP Billiton Petroleum, a wholly owned subsidiary of BHP Billiton Limited, for $4.75 billion in cash before certain deductions […]

  • 20 January 2011
    Business & Finance

    BHP Billiton today announced the approval of increased capital expenditure for the Esso Australia operated Kipper and Turrum projects in the Gippsland Basin, offshore Victoria. Kipper’s capital expenditure has increased to US$900 million (BHP Billiton share) and the facilities are now forecast to be completed in calendar year 2012. Mercury was encountered in the reservoir […]

  • 25 July 2011
    Project & Tenders

      BHP Billiton and Petrohawk Energy Corporation (“Petrohawk”) announced today that on 22 July 2011, BHP Billiton and Petrohawk received notice from the U.S. Federal Trade Commission of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act in relation to BHP Billiton’s tender offer for all of the issued and outstanding shares […]

  • 7 June 2013
    Business & Finance

    BHP Billiton has completed the sale of its 8.33 per cent interest in the East Browse Joint Venture and 20 per cent interest in the West Browse Joint Venture, located offshore Western Australia, to PetroChina International Investment (Australia) Pty Ltd for US$1.63 billion plus customary purchase price adjustments as announced on 12 December 2012. All […]

  • 31 August 2011

    BHP Billiton has approved a further US$367 million (BHP Billiton share) investment for the third stage of development of the Newcastle Coal Infrastructure Group’s (NCIG) coal handling facility in Newcastle, Australia. BHP Billiton’s wholly-owned subsidiary, Hunter Valley Energy Coal Pty Ltd, is a 35.5 per cent shareholder in the holding company of the NCIG. The […]

  • 9 February 2017
    Project & Tenders

    BHP Billiton has approved expenditure of $2.2 billion for its share of the development of the Mad Dog Phase 2 project in the U.S. Gulf of Mexico. BHP Billiton holds a 23.9 percent participating interest in the Mad Dog field. BP, the operator, holds a 60.5 percent participating interest, and Union Oil Company of California, an […]

  • 15 March 2011
    Business & Finance

    BHP Billiton CEO, Marius Kloppers, today announced a donation of US$1 million to the Red Cross to assist with disaster relief in the wake of the earthquake and tsunami in Japan. Mr Kloppers said BHP Billiton had a long standing and substantial relationship with Japan. “Japan is one of BHP Billiton’s largest country markets and […]

  • 28 November 2011
    Business & Finance

    BHP Billiton today announced that Alex Vanselow, Group Executive and Chief Financial Officer, will retire from BHP Billiton at the end of February 2012. He will be succeeded by Graham Kerr, recently President of Diamonds and Specialty Products; and Mike Henry, President of Marketing, will join the Group Management Committee as Group Executive and Chief […]

  • 6 October 2016
    Exploration & Production

    BHP Billiton has announced positive drilling results at the Caicos exploration well in the Gulf of Mexico.  Located in Green Canyon 564 where BHP Billiton has 100% interest, this well is approximately 100 miles south of the Louisiana coast in the deepwater Gulf of Mexico. The company said on Wednesday that Caicos was drilled to […]

  • 31 August 2011
    Business & Finance

    BHP Billiton has approved a further US$367 million (BHP Billiton share) investment for the third stage of development of the Newcastle Coal Infrastructure Group’s (NCIG) coal handling facility in Newcastle, Australia. BHP Billiton’s wholly-owned subsidiary, Hunter Valley Energy Coal Pty Ltd, is a 35.5 per cent shareholder in the holding company of the NCIG. The […]

  • 9 February 2017
    Business & Finance, Operations & Maintenance

    BHP Billiton said on Thursday it will invest $2.2 billion related to its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico. During the fourth quarter of 2016, BP sanctioned the Mad Dog Phase 2 project. Mad Dog Phase 2, located in the Green Canyon area in the Deepwater Gulf […]

  • 7 June 2011
    Business & Finance

    BHP Billiton Petroleum announced today that it is the first company in the deepwater Gulf of Mexico to bring a newly drilled well into production since the moratorium was enacted in May 2010. The well was brought into production on 30 May 2011 on the BHP Billiton operated Shenzi field. The SB-201 well was drilled […]

  • 12 June 2015

    InterOil, the company developing the Elk-Antelope LNG project in Papua New Guinea, informed it has appointed Saxon Palmer as Senior Vice President, Exploration.

  • 19 January 2011

    BHP Billiton today announced the approval of increased capital expenditure for the Esso Australia operated Kipper and Turrum projects in the Gippsland Basin, offshore Victoria. Kipper’s capital expenditure has increased to US$900 million (BHP Billiton share) and the facilities are now forecast to be completed in calendar year 2012. Mercury was encountered in the reservoir […]

  • 6 March 2017
    Business & Finance

    BHP Billiton has executed a contract with Pemex to complete work on the Trion discovery in the Gulf of Mexico. In December 2016, BHP Billiton successfully bid on the resource that, once fully appraised, is expected to be in the top 10 fields discovered in the Gulf of Mexico in the last decade. Pemex was looking […]

  • 28 November 2011

    BHP Billiton today announced changes to its senior management team: – Alex Vanselow, Group Executive and Chief Financial Officer, will retire from BHP Billiton at the end of February 2012. He will be succeeded by Graham Kerr, recently President of Diamonds and Specialty Products; and – Mike Henry, President of Marketing, will join the Group […]