BHP Billiton has given the green light to the development of the $2 billion Pyrenees oil project off the coast of Western Australia. The Pyrenees Development consists of five separate fields, these being, Crosby, Ravensworth, Stickle, Harrison and Moondyne. The fields are located in close proximity to each other some 25km northwest of North West Cape, in northern Western Australia. Pyrenees, which is a joint venture between BHP Billiton and Apache Corporation, is expected to produce about 96,000 barrels of oil per day over a 25 year period.