|
|
BHPBill raises expenditure for Ravensthorpe mine
BHPBill told Business Day that it had raised it`s projected cost of the Ravensthorpe nickel mine and Yabulu refinery expansion by 28% due to higher construction costs, a shortage of skilled labour as well as an increase in raw material costs.
|
| |
BHPBill -- Typhoon production platform damaged
An initial assessment of BHP Billiton assets in the Gulf of Mexico following Hurricane Rita has revealed that the Typhoon tension leg platform (located in 2 000 feet of water in Green Canyon area Blocks 236/237, approximately 165 miles south-southwest of New Orleans) was severed from its mooring and suffered severe damage during the storm. The facility has been located and is being secured. Chevron, the operator of the Typhoon field, has mobilised appropriate resources to address any environmental concerns. No employees are at risk as all were evacuated prior to the storm, and production was shut-in. BHP Billiton holds a 50% interest in the Typhoon field with Chevron holding the remaining 50%. The facility commenced production in 2001. It has a nameplate capacity for the daily production of 40 000 barrels of oil and 60-million cubic feet of natural gas. For the year ended June 2005, 4.3 million barrels of oil and 7.1 billion cubic feet of natural gas were produced through the Typhoon facility.
|
|
Click here for original article
|
| |
BHPBill -- changes to the board
BHPBill today announced the retirement of Mr Michael Chaney and Lord Renwick of Clifton from the boards of BHPBill Ltd and BHPBill Plc, and the appointment of The Hon. E Gail de Planque.
|
|
Click here for original article
|
| |
| |
|
| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
| |
|
|
