BHP Billiton Company News

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BHP Caribbean Project Starts Production
The shallow-water project is located within the Greater Angostura Field.
8:00 PM EST | May 06, 2021
BP Sets Onshore Flaring Deadline
BP's Grand Slam facility near Orla, Texas. PHOTO SOURCE: BP America
8:00 PM EST | April 19, 2021
BHP Awards Mexico Subsea Project
The FEED contract covers the SURF scope for the Trion development.
8:00 PM EST | March 22, 2021
Australia Oil and Gas Players Seek to Cut $39B Decom Bill
ExxonMobil, Santos, Baker Hughes, and others are banding together to try to come up with ways to cut costs.
7:00 PM EST | March 09, 2021
Transocean Wins Drilling Contracts
Transocean has garnered several new drilling contracts and contract extensions during the past quarter.
7:00 PM EST | February 16, 2021
Biden Admin Issues 30+ Drilling Permits
The Biden administration has issued at least 31 new drilling permits authorizing operations on federal land and coastal waters.
7:00 PM EST | January 26, 2021
BHP Awards Semisub FPU Contract
McDermott will perform the pre-FEED extension phase for a semisub FPU for BHP.
7:00 PM EST | December 10, 2020
Hess Divests Stake in Deepwater Field
Hess Corp. has completed the sale of its 28-percent working interest in the Shenzi Field in the deepwater Gulf of Mexico.
7:00 PM EST | November 08, 2020
$505MM Deal to Boost Deepwater Profile for BHP
BHP will raise its stake in the six-lease development to 72 percent.
8:00 PM EST | October 06, 2020
BHP to Speed Up Payments to Suppliers
BHP Petroleum is taking steps to boost cash flow to its suppliers.
8:00 PM EST | April 09, 2020
TechnipFMC Unit Wins Offshore Mexico Contract from BHP
Genesis has won a pre-FEED contract for preliminary design of an FPU. PHOTO SOURCE: Genesis
8:00 PM EST | April 06, 2020
BHP Awards McDermott FPU Contract
The Trion field is located approximately 112 miles offshore Mexico just south of the U.S./Mexico border.
8:00 PM EST | March 30, 2020
McDermott Wins Large SURF BHP Contract
The project is expected to be completed in August 2020.
7:00 PM EST | February 05, 2020
BHP Awards Mexico Deepwater Contract
DORIS will provide engineering services for BHP and PEMEX's Trion project.
7:00 PM EST | January 26, 2020
BHP Names New CEO
Australian miner BHP has appointed Mike Henry as its new CEO and executive director.
7:00 PM EST | November 14, 2019
BHP Awards Large Canada Seismic Project
CGG's Oceanic Sirius seismic vessel conducts a marine survey. PHOTO SOURCE: CGG
8:00 PM EST | September 04, 2019
BHP Delivers Largest Bid in US Gulf of Mexico Lease Sale
Lease Sale 253 generated almost $159.4 million in high bids for 151 tracts in the U.S. Gulf of Mexico.
8:00 PM EST | August 20, 2019
Oil Workers Evacuate GOM Rigs as Storm Strengthens
Oil and natural gas producers in the U.S. Gulf of Mexico began evacuating workers and shutting in output as a storm gathers strength off the coast of Florida.
8:00 PM EST | July 09, 2019
BHP Mulling a Bid for Blackstone-Backed Bluewater
The Bluewater business is focused on deepwater exploration in the Gulf of Mexico and could fetch up to $2 billion in a sale.
8:00 PM EST | March 27, 2019
BHP Approves $696MM Funding for BP Project
BHP approves a total of $952 million in funding for BP's Atlantis Phase 3 and drilling of an appraisal well in the Trion field offshore Mexico.
7:00 PM EST | February 12, 2019
ExxonMobil and BHP Greenlight Offshore Australia Project
The project will develop one of the largest remaining sweet gas reservoirs in Australia's Bass Strait through a two-well brownfield tieback.
7:00 PM EST | December 12, 2018
Why Majors Will Take a Bigger Role in US Shale
As plays mature, expect major oil companies to play a growing and critical role in its future development.
8:00 PM EST | October 28, 2018
Total Rules Out Investing In US Shale Oil After BP-BHP Deal
Total is not looking at investing in the US shale oil industry.
8:00 PM EST | August 26, 2018
Pipe Dream? Chevron, Woodside Vie to Shape Australia's LNG Sector
After spending a decade and billions of dollars developing Australia's vast gas reserves, Chevron and Woodside are at odds over the pace and timing of the next leg of expansion.
8:00 PM EST | June 14, 2018
BHP Sees Faster Shale Sale in Race to Exit $10 Billion Unit
BHP Billiton Ltd. is accelerating plans to exit its $10 billion US shale unit.
7:00 PM EST | February 19, 2018
Private Oil Made a Big Find in Mexico. Now State Oil Wants a Cut
The rush of enthusiasm that followed the July find has turned into a nervous wait.
8:00 PM EST | October 03, 2017
BHP Gearing Up to Start Drilling for Oil in Mexico's Deep Waters
BHP Billiton is getting closer to drilling its first oil wells in Mexico's deep waters.
8:00 PM EST | October 01, 2017
BHP To Quit US Shale Business As Annual Profit Surges
BHP Billiton reported a surge in underlying full-year profits and said it would exit its underperforming US shale oil and gas business.
8:00 PM EST | August 21, 2017
'You Wouldn't Do It': BHP Chair Regrets $20 Billion on Shale
BHP Billiton Ltd. Chairman Jacques Nasser said the timing of its $20 billion spree into U.S. shale in 2011 was a misstep and that if the miner could turn the clock back it wouldn't have invested in the assets.
8:00 PM EST | June 28, 2017
Woodside Sees Output Growing 15 Pct Over Next Three Years
After 2020, output will grow further with the expansion of its Pluto LNG project in Australia.
8:00 PM EST | May 22, 2017
BHP Billiton Puts US Shale Gas Assets On The Block Again
BHP Billiton has put its Fayetteville shale gas assets in the United States back on the block.
8:00 PM EST | April 25, 2017
BHP Is 'Very Anxious' U.S. Protectionism Could Blunt Growth
The head of the world's biggest mining company intensified his warnings that U.S. trade protectionism under President Donald Trump would threaten global growth and the fight against poverty.
7:00 PM EST | February 26, 2017
BHP Billiton Named as Pemex's First Deepwater Oil Partner
BHP Billiton will pay $624 million to be Petroleos Mexicanos' first private partner in producing oil and natural gas in the deep waters of the Gulf of Mexico.
7:00 PM EST | December 04, 2016
GTI, BHP Billiton Partner on Permian Fracturing Test
GTI and BHP Billiton will partner to test hydraulic fracturing technology in the Delaware Basin in Reeves County, Texas.
8:00 PM EST | October 25, 2016
BLOG: Challenging Attitudes toward Sexuality in Oil, Gas
BP executive says support for lesbian, gay, bisexual and transgender workers will help shake longtime prejudices about the oil industry.
8:00 PM EST | October 24, 2016
BHP Chairman Steps Down After Samarco Delayed Retirement
BHP Billiton Chairman Jac Nasser says he will not seek re-election at next year's annual general meeting.
8:00 PM EST | October 19, 2016
BHP Strikes Oil at Caicos in Deepwater Gulf of Mexico
BHP Billiton reports exploration success with its Caicos well in the deepwater Gulf of Mexico.
8:00 PM EST | October 04, 2016
Woodside Eyes LNG Boost After $400 Million Gas Deal With BHP
Woodside may look to funnel gas from the Scarborough field off Western Australia to one of its existing liquefied natural gas plants after agreeing to a $400 million deal to buy half of BHP Billiton's stake in the remote offshore resource.
8:00 PM EST | September 05, 2016
Woodside Buys 50% of BHP Billiton's Scarborough Assets Off WA for $400M
Woodside Petroleum inks agreements to acquire half of BHP Billiton's Scarborough area assets in the Carnarvon Basin, off Western Australia for $400 million.
8:00 PM EST | September 04, 2016
Oil, Gas Companies Evacuate GOM Staff Ahead of Tropical Depression
Several oil and gas companies operating in the Gulf of Mexico have taken precautionary measures ahead of Tropical Depression Nine.
8:00 PM EST | August 29, 2016
BHP Billiton Books Record Loss, Says Commodity Price 'Free Fall' Over
BHP Billiton reports a record $6.4 billion annual loss, hammered by a bad bet on shale, a dam disaster in Brazil and a commodities slump.
8:00 PM EST | August 15, 2016
Supercomputers Deliver $500M Savings In BHP Hunt For Oil
Supercomputers that create 3-D seismic maps of BHP Billiton's oil and gas assets are accelerating work to bring new fields into production and have already notched savings of $500 million in development costs at a project in the Caribbean.
8:00 PM EST | July 28, 2016
BHP Billiton Cuts Petroleum CAPEX by 44% in FY2017 to $1.4B
BHP Billiton cuts oil and gas capital expenditure (CAPEX) by 44 percent in financial year 2017 to $1.4 billion, compared to $2.5 billion in the previous year.
8:00 PM EST | July 19, 2016
BHP Billiton to Invest $900M in Oil, Copper Exploration in FY17, Up 18% YOY
BHP Billiton plans to invest $900 million in oil and copper exploration in financial year 2017 (FY17), including three conventional deepwater oil projects in the Australia's Northern Beagle sub-basin, the Gulf of Mexico and the Caribbean.
8:00 PM EST | June 26, 2016
Exxon, BHP Examining Sale of Joint Australia Oil and Gas Assets
Exxon Mobil Corp. and BHP Billiton Ltd. are studying plans to sell depleting energy assets in Australia, including the largest oil field ever discovered in the nation.
8:00 PM EST | June 14, 2016
Woodside's First-Ever Hackathon Yields New Technology Ideas
A hackathon hosted by Woodside Energy yields 22 prototypes of technology that could reduce Woodside's costs and enhance its operational efficiency.
8:00 PM EST | May 17, 2016
Transocean Bags Deal for Actinia to Drill Offshore India for ONGC
Transocean bags a three year contract from ONGC for the Actinia semisub to work offshore India.
8:00 PM EST | April 21, 2016
Australia Watchdog Looks To End ExxonMobil, BHP Joint Gas Sales
Australia's competition watchdog wants to break up a marketing joint venture between ExxonMobil and BHP Billiton to help boost competition in the eastern Australian gas market, it says.
8:00 PM EST | April 21, 2016
Santos Completes Sale of 35% Stake in Kipper Field Off Australia to Mitsui
Santos completes sale of a 35 percent stake in Kipper gas and condensate field in the Gippsland Basin, offshore Australia to Japan's Mitsui for $358.2 million.
7:00 PM EST | March 02, 2016
BHP 'Simplifies' Operations, Petroleum President Leaves
BHP Billiton Ltd implements a 'simplified operating model', which is designed to "accelerate productivity and value creation".
7:00 PM EST | February 22, 2016