Kirk Lovegrove & Company advises Jadestone Energy on the acquisition from BP of its stake in the North West Shelf Oil Project offshore Australia

November 2022

Okha FPSO

Kirk Lovegrove has acted as strategic adviser to Jadestone Energy plc on its acquisition from BP of its 16.67% interest in the North West Shelf Oil Project offshore Australia. The project comprises the Cossack, Waneaea, Lambert and Hermes oil fields (the “CWLH fields”), and Jadestone has acquired an interest in these fields, as well as a corresponding interest in the Okha FPSO and related subsea infrastructure.   Gross oil production from the CWLH fields in 2022 will be approximately 13,000 barrels/day.