Woodside has advised on behalf of the Scarborough joint venture that it has received offers for the grant of petroleum licences for WA-1-R (Scarborough) and WA-62-R (North Scarborough) titles from the Commonwealth and Western Australian joint authority.
This follows an agreement reached between Woodside and BHP in February 2020 to align their participating interests across the WA-1-R and WA-62-R titles, resulting in Woodside holding a 73.5 per cent interest and BHP a 26.5 per cent interest in each title.
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