ExxonMobil has made a final investment decision (FID) to develop the West Barracouta gas field in Bass Strait.
Located within the VIC/L1 block offshore Victoria and a part of the Gippsland Basin Joint Venture (JV), the development will be tied back to the existing Barracouta infrastructure offshore in Bass Strait.
ExxonMobil recently completed front-end engineering design work for the project and awarded contracts to Subsea 7 and OneSubsea.
ExxonMobil Australia Chairman Richard Owen said the company was focused on domestic gas supply.
“We continue to use advanced technology, along with our extensive, decades-long understanding of the Gippsland Basin, to ensure full potential of the resource can be realised,” he said.
“Our objective is to produce West Barracouta gas for the Australian domestic gas market by 2021.
ExxonMobil subsidiary Esso Australia operates the Gippsland Basin JV on behalf of a 50-50 split with BHP.
For more information visit the ExxonMobil website.
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