In early 2001,Woodside purchaseda15% interest in the Ohanet gas development in Algeria. This project, operated by BHP Billiton, is governedby a Risk Services Contract (RSC) with Algeria’s national oil company (Sonatrach). In this RSC, the participants...Risk Services Contract • May 25th, 2022
This type of contract is frequently used internationally by national oil companies to develop their indigenous resources. While Woodside does not have a direct mineral interest in the gas-liquids, it is recognised international practice to book reserves
