BHP Billiton Company News
Results 50 articles shown
Hess Divests Stake in Deepwater Field
Monday, November 09, 2020Hess Corp. has completed the sale of its 28-percent working interest in the Shenzi Field in the deepwater Gulf of Mexico.
$505MM Deal to Boost Deepwater Profile for BHP
Wednesday, October 07, 2020BHP will raise its stake in the six-lease development to 72 percent.
BHP to Speed Up Payments to Suppliers
Friday, April 10, 2020BHP Petroleum is taking steps to boost cash flow to its suppliers.
TechnipFMC Unit Wins Offshore Mexico Contract from BHP
Tuesday, April 07, 2020Genesis has won a pre-FEED contract for preliminary design of an FPU. PHOTO SOURCE: Genesis
BHP Awards McDermott FPU Contract
Tuesday, March 31, 2020The Trion field is located approximately 112 miles offshore Mexico just south of the U.S./Mexico border.
McDermott Wins Large SURF BHP Contract
Thursday, February 06, 2020The project is expected to be completed in August 2020.
BHP Awards Mexico Deepwater Contract
Monday, January 27, 2020DORIS will provide engineering services for BHP and PEMEX's Trion project.
BHP Names New CEO
Friday, November 15, 2019Australian miner BHP has appointed Mike Henry as its new CEO and executive director.
BHP Awards Large Canada Seismic Project
Thursday, September 05, 2019CGG's Oceanic Sirius seismic vessel conducts a marine survey. PHOTO SOURCE: CGG
BHP Delivers Largest Bid in US Gulf of Mexico Lease Sale
Wednesday, August 21, 2019Lease Sale 253 generated almost $159.4 million in high bids for 151 tracts in the U.S. Gulf of Mexico.
Oil Workers Evacuate GOM Rigs as Storm Strengthens
Wednesday, July 10, 2019Oil 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.
BHP Mulling a Bid for Blackstone-Backed Bluewater
Thursday, March 28, 2019The Bluewater business is focused on deepwater exploration in the Gulf of Mexico and could fetch up to $2 billion in a sale.
BHP Approves $696MM Funding for BP Project
Wednesday, February 13, 2019BHP 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.
ExxonMobil and BHP Greenlight Offshore Australia Project
Thursday, December 13, 2018The project will develop one of the largest remaining sweet gas reservoirs in Australia's Bass Strait through a two-well brownfield tieback.
Why Majors Will Take a Bigger Role in US Shale
Monday, October 29, 2018As plays mature, expect major oil companies to play a growing and critical role in its future development.
Total Rules Out Investing In US Shale Oil After BP-BHP Deal
Monday, August 27, 2018Total is not looking at investing in the US shale oil industry.
Pipe Dream? Chevron, Woodside Vie to Shape Australia's LNG Sector
Friday, June 15, 2018After 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.
BHP Sees Faster Shale Sale in Race to Exit $10 Billion Unit
Tuesday, February 20, 2018BHP Billiton Ltd. is accelerating plans to exit its $10 billion US shale unit.
Private Oil Made a Big Find in Mexico. Now State Oil Wants a Cut
Wednesday, October 04, 2017The rush of enthusiasm that followed the July find has turned into a nervous wait.
BHP Gearing Up to Start Drilling for Oil in Mexico's Deep Waters
Monday, October 02, 2017BHP Billiton is getting closer to drilling its first oil wells in Mexico's deep waters.
BHP To Quit US Shale Business As Annual Profit Surges
Tuesday, August 22, 2017BHP Billiton reported a surge in underlying full-year profits and said it would exit its underperforming US shale oil and gas business.
'You Wouldn't Do It': BHP Chair Regrets $20 Billion on Shale
Thursday, June 29, 2017BHP 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.
Woodside Sees Output Growing 15 Pct Over Next Three Years
Tuesday, May 23, 2017After 2020, output will grow further with the expansion of its Pluto LNG project in Australia.
BHP Billiton Puts US Shale Gas Assets On The Block Again
Wednesday, April 26, 2017BHP Billiton has put its Fayetteville shale gas assets in the United States back on the block.
BHP Is 'Very Anxious' U.S. Protectionism Could Blunt Growth
Monday, February 27, 2017The 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.
BHP Billiton Named as Pemex's First Deepwater Oil Partner
Monday, December 05, 2016BHP 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.
GTI, BHP Billiton Partner on Permian Fracturing Test
Wednesday, October 26, 2016GTI and BHP Billiton will partner to test hydraulic fracturing technology in the Delaware Basin in Reeves County, Texas.
BLOG: Challenging Attitudes toward Sexuality in Oil, Gas
Tuesday, October 25, 2016BP executive says support for lesbian, gay, bisexual and transgender workers will help shake longtime prejudices about the oil industry.
BHP Chairman Steps Down After Samarco Delayed Retirement
Thursday, October 20, 2016BHP Billiton Chairman Jac Nasser says he will not seek re-election at next year's annual general meeting.
BHP Strikes Oil at Caicos in Deepwater Gulf of Mexico
Wednesday, October 05, 2016BHP Billiton reports exploration success with its Caicos well in the deepwater Gulf of Mexico.
Woodside Eyes LNG Boost After $400 Million Gas Deal With BHP
Tuesday, September 06, 2016Woodside 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.
Woodside Buys 50% of BHP Billiton's Scarborough Assets Off WA for $400M
Monday, September 05, 2016Woodside Petroleum inks agreements to acquire half of BHP Billiton's Scarborough area assets in the Carnarvon Basin, off Western Australia for $400 million.
Oil, Gas Companies Evacuate GOM Staff Ahead of Tropical Depression
Tuesday, August 30, 2016Several oil and gas companies operating in the Gulf of Mexico have taken precautionary measures ahead of Tropical Depression Nine.
BHP Billiton Books Record Loss, Says Commodity Price 'Free Fall' Over
Tuesday, August 16, 2016BHP 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.
Supercomputers Deliver $500M Savings In BHP Hunt For Oil
Friday, July 29, 2016Supercomputers 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.
BHP Billiton Cuts Petroleum CAPEX by 44% in FY2017 to $1.4B
Wednesday, July 20, 2016BHP 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.
BHP Billiton to Invest $900M in Oil, Copper Exploration in FY17, Up 18% YOY
Monday, June 27, 2016BHP 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.
Exxon, BHP Examining Sale of Joint Australia Oil and Gas Assets
Wednesday, June 15, 2016Exxon 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.
Woodside's First-Ever Hackathon Yields New Technology Ideas
Wednesday, May 18, 2016A hackathon hosted by Woodside Energy yields 22 prototypes of technology that could reduce Woodside's costs and enhance its operational efficiency.
Transocean Bags Deal for Actinia to Drill Offshore India for ONGC
Friday, April 22, 2016Transocean bags a three year contract from ONGC for the Actinia semisub to work offshore India.
Australia Watchdog Looks To End ExxonMobil, BHP Joint Gas Sales
Friday, April 22, 2016Australia'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.
Santos Completes Sale of 35% Stake in Kipper Field Off Australia to Mitsui
Thursday, March 03, 2016Santos 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.
BHP 'Simplifies' Operations, Petroleum President Leaves
Tuesday, February 23, 2016BHP Billiton Ltd implements a 'simplified operating model', which is designed to "accelerate productivity and value creation".
BHP Faces Music on Shale Spurring Speculation Dividend Is Next
Friday, January 15, 2016BHP Billiton says it expects to take a write down of $4.9 billion on the value of its U.S. shale assets due to the tumble in oil prices.
NWS JV to Develop $2B Greater Western Flank Phase 2 Project Off Australia
Friday, December 11, 2015The North West Shelf joint venture approves development of the $2 billion Greater Western Flank Phase 2 Project offshore Australia.
Can Part-Time Work Minimize the Number of Layoffs in Oil, Gas?
Thursday, September 24, 2015Rigzone explores how the oil and gas industry would fare by utilizing more part-time workers during the downturn.
EMAS AMC Bags Contract for Angostura Project Offshore Trinidad & Tobago
Tuesday, September 08, 2015EMAS AMC bags contract from BHP Billiton for the Angostura project offshore Trinidad and Tobago.
BHP Plans To Shed Around 100 HQ Jobs As Commodities Tumble
Tuesday, July 28, 2015BHP Billiton intends to cut about 100 jobs at its Melbourne headquarters in coming years as it strives to lower overheads and streamline corporate operations amid a crash in minerals prices.
BHP Shale Writedown Has Some Banks Asking: Where's the Rest?
Thursday, July 16, 2015The size of BHP's $2.8 billion writedown for its US shale assets took some banks by surprise: at least two thought it was too small.
BHP Says Will Take $2B Charge On US Onshore Energy Business
Wednesday, July 15, 2015BHP Billiton says it will take a $2 billion impairment on its US shale operations - the third writedown in three years.