ExxonMobil to invest around $200m into Australian offshore gas project
US supermajor ExxonMobil has announced a nearly $200m investment in the Kipper 1B Project, bringing online much-needed additional gas supply from the Gippsland Basin. The project, approved by ExxonMobil subsidiary Esso Australia and its co-venturers Mitsui and Woodside Energy, will utilise the Valaris 107 jack-up rig to drill and install one subsea well into the …
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