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PetroChina and ConocoPhillips establish strategic partnerships in Australia and China

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01 February 2013

PetroChina and ConocoPhillips establish strategic partnerships in Australia and China

Report summary

The recent agreement between ConocoPhillips and PetroChina for the exchange of interests in Australia and China is a potentially important strategic move for both companies. PetroChina will farm in to two of ConocoPhillips' Australian interests - the Poseidon gas discoveries (offshore, Browse Basin), and the Goldwyer Shale (onshore, Canning Basin). ConocoPhillips will enter into a Joint Study Agreement (JSA) with PetroChina to evaluate shale gas potential in the Neijiang-Dazu Block, in ...

Table of contents

  • Executive summary
    • Sichuan Basin
      • Key to the growth of China's natural gas sector
    • Canning Basin
      • Technical and commercial challenges abound
    • Browse Basin
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 1 images and tables including:

  • Oil & gas pricing and assumptions: Table 1

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    PetroChina and ConocoPhillips establish strategic partnerships in Australia and China

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