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Latest Offshore Resource News

Offshore Resource

LONDON -(Dow Jones)- BHP Billiton Friday announced it has approved an expenditure of $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 ...

BHP Billiton OKs Turrum Field Development Offshore VIC - CNN Money

A series of bombs have exploded in Bangalore and companies that have technology operations in India are likely to need increased security precautions following what appears to be a terrorist attack. According to various reports from Reuters and ...

Offshore outsourcers likely to beef up security following Bangalore ... - ZDNet Blogs

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. The ...

BHP Billiton Approves Turrum Field Development Offshore Victoria - Oilvoice.com

Exxon Mobil Corporation (NYSE: XOM) announced today the Gippsland Basin Joint Venture, which includes its subsidiary, Esso Australia, will invest $1.1 billion to develop more than 270 million oil-equivalent barrels from the Turrum field in the Bass ...

ExxonMobil Announces $1.1 Billion Turrum Field Development - Forbes

It is the increasingly rapid melting of the Arctic sea ice which is opening up the possibility of the once frozen wasteland providing a natural resources and minerals bonanza The future of the Arctic will be less white wilderness, more black gold, a ...

Riches in the Arctic: the new oil race - The Independent

Diversified resources company BHP Billiton would spend $625-million on the full field development of the Turrum oil and gas field, a significant hydrocarbon resource in the Gippsland Basin, offshore Victoria, in Australia, the company said in a ...

BHP Billiton to spend $625m on Australia oil, gas project - Engineering News

The Turrum development will produce new supplies of natural gas and liquids through new and existing Bass Strait facilities. Turrum is part of the Gippsland Basin joint venture in which BHP Billiton and ExxonMobil subsidiary and operator, Esso ...

BHP Billiton approves $625 million budget for Turrum field development - Energy Business Review

Legislation aimed at spurring domestic drilling on already–leased lands was defeated in the House of Representatives on Thursday. Democrats proposed the initiative in response to Republican calls for increased offshore oil and natural gas drilling ...

Bush's lift of offshore drilling ban causes congressional action - Independent Florida Alligator

McCain is apparently planning to try to pull off a campaign appearance on an oil platform in the Gulf of Mexico to talk about offshore drilling -- he claimed today that Bush's support of offshore drilling had forced down..... Oil prices shed nearly ...

Petroleum Industry - Newsday

The JSE wrapped up the week with sharp losses in a low volume session on Friday following drops on overseas markets, with banks among the worst casualties partly on profit taking, traders said. The all share index ended 1.58% weaker. Resources fell 1 ...

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