Esso Australia Resources Pty Ltd (‘Esso Australia’, a subsidiary of ExxonMobil Australia Pty Ltd) has announced a nearly $200 million dollar investment in the Kipper 1B Project which will bring online much-needed additional gas supplies from the Gippsland Basin. Co-venturers for this project are MEPAU A Pty Ltd (‘Mitsui’), and Woodside Energy (Bass Strait) Pty Ltd (‘Woodside’).
“Esso Australia continues to invest in multiple projects that ensure our Gippsland operations sustain gas production well into the 2030s,” says ExxonMobil Australia Chair Simon Younger.
Drilling into the Kipper field is set to begin later this year, with upgrades to the West Tuna platform happening simultaneously.
Source: https://corporate.exxonmobil.com
