Neoen, a French renewable energy producer, has moved ahead with the first tranche of 209MW of its Goyder South Stage 1 wind farm in Australia, following the completion of the financial close last month. Situated near Burra in the Mid North region of South Australia, the Goyder South Stage 1 wind farm will have a […]
Tata Steel has signed a memorandum of understanding (MoU) with Australia-based mining major BHP with an objective to jointly understand and explore lower carbon iron and steelmaking technology. The partnership is expected to see BHP and Tata Steel work together on ways to cut down the intensity of emissions of the blast furnace steel route. […]
Glencore has wrapped up its previously announced $588 million acquisition of stakes of 33.3% each from Anglo American and BHP in the Cerrejón coal mine in Columbia. The deal was announced in June 2021. Following its closing, Glencore has taken full ownership of the Colombian coal mine located in the La Guajira province. Glencore said […]
Australia-based Woodside Petroleum and BHP Group have agreed to merge their respective oil and gas operations by an all-stock merger with an aim to establish a global top 10 energy company in terms of production. The parties have signed a merger commitment deed in this regard and are expected to sign a sales and purchase […]
BHP has decided to move forward with the first stage of its 100% owned Jansen potash project in Saskatchewan, Canada with an investment of $5.7 billion. Stage 1 of the Jansen potash mine development is estimated to yield around 4.35 million tonnes of potash per annum. It will also have a basin position with the […]
BHP has started production from the South Flank iron ore project in Australia, which has been developed with an investment of $3.6 billion. The mining giant had achieved the first ore from the central Pilbara region project, within three years of approving it. BHP, which has an 85% stake in the iron ore project, is […]
BHP has started production of oil from the Ruby oil and gas project, which has been developed with an investment of $500 million in the territorial waters of Trinidad and Tobago. The Australia-based natural resources company had approved the offshore hydrocarbons project in August 2019 with its share of investment being $283 million. BHP is […]
The Australian National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has given its approval to the offshore project proposal (OPP) for the Scarborough gas field development filed by Woodside Petroleum. The Scarborough field, which is contained in the Indian Ocean, offshore Western Australia, contains an estimated contingent resource (2C) dry gas volume of 11.1 […]
Ruby petroleum project : McDermott International has been selected by BHP to provide a large subsea umbilicals, risers and flowlines (SURF), transportation, and installation contract for the Ruby field development in Trinidad and Tobago waters. The contract also requires McDermott to deliver transportation and installation (T&I) services as well as pre-commissioning of a jacket and […]
Oil and gas industry news : BHP has approved $696 million funding for the Atlantis Phase 3 project, an offshore oil project in the US Gulf of Mexico to be developed with an investment of $1.3 billion. BHP holds a 44% stake in the Atlantis Phase 3 project, located about 130 miles off the coast […]