LNG

Dec 18 (LNGJ) - Woodside Petroleum, the operator of two LNG plants in Australia and the recent buyer of Apache Corp.'s stakes in the Kitimat LNG project in Canada and the Wheatstone LNG project in Western Australia, has finalized an agreement with BP of the UK to farm in to offshore blocks in the Scotian Basin, located offshore Nova Scotia, Canada. The licences cover 14,000 square kilometres in water depths ranging from 500 metres to 3,600 metres. The future work programme is anticipated to include the drilling of exploration wells from 2017. Woodside Chief Executive Peter Coleman stated: "This acreage was high graded as part of our disciplined study of the Atlantic margins and it will complement our position in Morocco."