ASX:BPTOil and Gas
Beach Energy (ASX:BPT) Is Up 5.0% After Approving A$250m Moomba Optimisation Project - What's Changed
Beach Energy and Santos have approved a A$250 million Moomba Central Optimisation project in South Australia's Cooper Basin, replacing seven ageing compressor stations with a single electric-driven hub to cut costs, lower emissions and extend field life.
The project is targeting lifetime savings of more than A$400 million, which could materially reshape Beach Energy's operating cost base and emissions profile in the Cooper Basin.
We’ll now examine how this Moomba Central Optimisation...