Latest Kipper Unit Joint Venture Stories
Exxon Mobil Corporation (NYSE: XOM) announced today the Gippsland Basin Joint Venture, which includes its subsidiary, Esso Australia, will invest $1.1 billion to develop more than 270 million oil-equivalent barrels from the Turrum field in the Bass Strait, offshore southeast Australia. The development follows the recent announcement of $1 billion in funding to develop natural gas from the Kipper field, also in the Bass Strait. Esso Australia is the Turrum field operator and holds 50...
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