Petrel sues Australian firm over oil survey

The case centres on Petrel’s claim that Woodside has failed to carry out a 3D seismic survey in the Porcupine Basin

Petrel chief executive David Horgan

Irish oil and gas explorer Petrel Resources is taking legal action against Woodside Energy, claiming the Australian oil giant has not lived up to the terms of an exploration deal between the two.

The case, lodged in the Commercial Court, centres on Petrel’s claim that Woodside has failed to carry out a 3D seismic survey in the Porcupine Basin, an area believed to have high potential for oil and gas about 100 kilometres ...