ConocoPhillips takes majority stake in permit offshore Australia

US player takes 80% operated interest in offshore tract

ConocoPhillips: the US giant has secured a majority stake in a permit in Australia's offshore Otway basin — ConocoPhillips: the US giant has secured a majority stake in a permit in Australia's offshore Otway basinPhoto: EOIN O'CINNEIDE/UPSTREAM

Josh Lewis

Perth

ConocoPhillips Australia 3D Oil Exploration Otway basin

Published 26 March 2020, 06:34Updated 26 March 2020, 07:21