In November 2019, talks tied to a $13 billion expansion of the country's LNG exports fell apart with the government saying Exxon was unwilling to negotiate on the country’s terms.
Brazil, Ghana, Guyana and Suriname laid out plans to rapidly tap new discoveries.
Shareholder activist group says sale risks net zero emissions commitments.
Production is expected to begin during the second half of 2021.
The project will add two wells and underwater equipment to establish a new drill with the capacity to produce up to about 30,000 barrels of oil equivalent per day, BHP said.
Shell recently unveiled plans to develop the new deepwater project, Whale, first discovered in 2017 in the Gulf of Mexico’s Alaminos Canyon Block 773.
State-owned Ghana National Petroleum Corp. (GNPC) is looking to acquire oil assets in order to accelerate exploration before a transition from fossil fuels reshapes the market, Finance Minister Ken Ofori-Atta said on July 29.
Houston-based KBR facilitated the deal with Proserv aimed at boosting oil production capabilities at a key Iraqi asset.
The deepwater development, named Whale, was discovered in the U.S. Gulf of Mexico’s Alaminos Canyon Block 773 by operator Shell and partner Chevron in 2017.