(EnergyAsia, August 22) — US energy major Chevron Corp said its Australian subsidiary has successfully bid for the rights to a deepwater exploration permit with gas potential off the coast of Western Australia state. Chevron Australia Pty Ltd will be the operator and will hold a 50% interest, with Shell Development (Australia) Pty Ltd holding…
AUSTRALIA: Chevron named operator, awarded 50% stake in offshore block
Posted on August 22, 2006 by EnergyAsia