20 August 2025
20 August 2025
The discovery was achieved around 12 days ahead of schedule and under budget by around $16m.
Digital technologies and data analytics have refined extraction by enabling precise drilling, reducing waste and enhancing safety.
These agreements have been facilitated by improved contract terms that have made Iraq a more appealing destination for oil companies.
The purchase will commence alongside the initiation of commercial activities for AMIGO LNG's inaugural liquefaction train.
The company's half-year NPAT stood at $1.31bn (A$2.02bn), with an underlying NPAT of $1.24bn.
The technology is aimed at reducing energy consumption and costs associated with carbon capture.
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