BHP gets nod for Philippines farm-in

The Philippines government has approved the transfer to BHP Billiton of a 60% operating interest in deep-water exploration block SC55 where the Cinco-1 well is planned to be drilled.

Offshore exploration: the Philippines government has given approval for BHP to take a 60% stake in SC55
Offshore exploration: the Philippines government has given approval for BHP to take a 60% stake in SC55
Published 22 February 2012, 05:15Updated 11 October 2016, 08:15