US super-major Chevron has notched up its 20th gas discovery offshore Western Australia since mid-2009 with its oddly British sounding Kentish Knock South-1 exploration well in the Carnarvon Basin's Exmouth Plateau area.
The World Wildlife Fund (WWF) has advised that the Australian federal government has not established a plan to deal with oil and gas exploration offshore Western Australia in the Ningaloo Reef World Heritage Site, a major migratory area for several species of whales.
BP is taking on hire the rig Maersk Discoverer, which is being released from contract almost a year early by Woodside Petroleum, which was using the semi-submersible to drill on the Pluto project in the Carnarvon Basin, offshore Western Australia.
Apache, operator in the UK North Sea of the Forties oil field, said yesterday that net income nosedived to £497million in 2008, compared with £1.97billion the year before.
