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BP Scraps Plans to Drill Off Southern Australia Coast, Says ‘Ocean Greatwhite’ Contract Not Impacted

By Perry Williams (Bloomberg) — BP Plc has abandoned oil exploration in the offshore Great Australian Bight, five years after it began searching for resources in one of the world’s last frontier regions and before it could drill a single well. The decision to step away from the project off the country’s southern coast follows a […] The post BP Scraps Plans to Drill Off Southern Australia Coast, Says ‘Ocean Greatwhite’ Contract Not Impacted appeared first on gCaptain.
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