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Northbridge Industrial Services Plc

BHP, Woodside in Scarborough gas tolling agreement

Australian oil and gas companies Woodside and BHP have reached an agreement on the tolling price for processing gas from the Scarborough offshore field at Woodside’s Pluto LNG facility on Western Australia’s Burrup Peninsula. The tolling price is valid to 31 March 2020.

The Scarborough gas field, discovered in 1979, is located off the coast of Western Australia approximately 220 kilometers northwest of Exmouth in 900 meters of water. It is one of the most remote of the Carnarvon Basin gas resources.

Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.