Earlier this month Murphy Oil joined a long list of explorers, which includes BP, Equinor, Chevron, Karoon Energy, Bight Petroleum, and their joint venture partners, that have now exited and passed over the opportunity to unlock the Great Australian Bight.
Statoil today confirmed an asset swap with oil peer BP.
Oil major Chevron has reaffirmed plans to drill four exploration wells in the Great Australian Bight.
Diamond Offshore Drilling said a decision by oil major BP to end plans for drilling in the Great Australian Bight will not impact on a rig contract it has with the company.
An academic has said BP’s proposals for dealing with a blowout in the Great Australian Bight would fall a “long way short” of industry best practice.
A green group yesterday called for BP’s application to drill for oil in the Great Australian Bight to be rejected amid concerns a spill could cause widespread damage.
BP faces further delay on its plans to drill in the Great Australian Bight.
An environmental group has claimed problems with 'faulty' underwater bolts at oil rigs should be resolved before oil major BP can drill for oil in the Great Australian Bight.
Oil major BP's plans to drill for oil in the Great Australian Bight are expected to come under fresh scrutiny.
A record number of Whales have been counted at the head of the Great Australian Bight close to where oil major BP wants to carry out new exploration.
BP’s plans to drill for oil in the Great Australian Bight were punted back for the second time.