Chevron Australia Pty Ltd and Woodside Energy Ltd completed the transfer of interest in exploration permit WA-526-P, located in the Browse Basin, on 16 October 2017. In the transaction, Woodside has acquired a 50% interest in the permit, which was previously solely held and operated by Chevron. The deal was lodged by the companies on 5 September 2017, and was subsequently completed and registered with the National Offshore Petroleum Titles Administrator (NOPTA) on 16 October 2017. The permit was awarded to Chevron on 20 February 2017, after being applied for in the 2016 Offshore Federal Acreage Release.Â  The permit was applied for after being offered as block W16-17 - one of three cash-bidding blocks in the round, for which applicants needed to pre-qualify. WA-526-P, which covers an area of 161 sq km, was granted a transfer of interests on 16 October 2017.Â  Participants in the permit are now Chevron Australia (WA-526-P) Pty Ltd (50% + Operator) and Woodside Energy Ltd (50%).
Australia (North Carnarvon B.) ? op. by CVX (100.0%) in WA-526-P block