Woodside, BHP edge forward on Scarborough LNG

Angela Macdonald-SmithSenior resources writer

Feb 26, 2020 – 4.49pm

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Woodside Petroleum and BHP have taken a small but important step towards a go-ahead on the $16 billion Scarborough LNG project in Western Australia, striking a deal to align their interests across two offshore permits holding the bulk of the gas resources.

The agreement takes Woodside's share in each of the Scarborough and North Scarborough titles to 73.5 per cent, while BHP holds 26.5 per cent in each.

Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables.