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BHP Group Plc (BHP.L) Announced, in its conventional petroleum update, that the Board has approved $696.00 million in funding to develop the Atlantis Phase 3 project in the US Gulf of Mexico. This follows sanction by BP, as the operator, of the Atlantis Phase 3 project, announced in January 2019. Moreover, the Board has also approved $256.00 million in funding to drill an additional appraisal well (3DEL) and perform further studies in the Trion field in Mexico, to further delineate the scale and characterisation of the resource.
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