Petroleum News

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BHP Billiton Petroleum Resumes Oil Production In The Gulf Of Mexico

25 September 2008

BHP Billiton Petroleum announced today that oil production has been safely restored at its Neptune and Shenzi/Genghis Khan fields in the deepwater Gulf of Mexico after Hurricane Ike caused the company to shut in production on both fields.

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BHP Billiton Signs Natural Gas Contract Underpinning Phase II Development Of The Greater Angostura Field

16 September 2008

BHP Billiton announced today that it has signed a contract with the National Gas Company of Trinidad and Tobago Limited (NGC) for the purchase of gas from the second phase of its Greater Angostura field.

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BHP Billiton Announces Start-Up Of North West Shelf's LNG Train Five

1 September 2008

BHP Billiton today announced the start-up of the North West Shelf Joint Venture's fifth liquified natural gas (LNG) processing train (Train 5) in Western Australia.

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BHP Billiton Approves Turrum Field Development Offshore Victoria

25 July 2008

BHP Billiton today announced it has approved an expenditure of US$625 million (BHP Billiton share) for the full field development of the Turrum oil and gas field, a significant hydrocarbon resource in the Gippsland Basin, offshore Victoria.

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BHP Billiton's Neptune Project Reaches Full Oil Capacity

24 July 2008

BHP Billiton announced today that its Neptune Tension Leg Platform (TLP) in the deepwater Gulf of Mexico, which began production on 6 July, has five of six wells on line and has already ramped up the oil production to full design capacity of 50,000 barrels of oil per day.

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