Exxon Mobil Corp. has made a final investment decision (FID) to develop the West Barracouta gas field in the Bass Strait offshore Australia.
ExxonMobile has stated that the project located offshore the state of Victoria in VIC/l1 will help to bring new gas supplies to Australia’s domestic market. This is also a part of the company’s ongoing investment in the Gippsland Basin.
“We continue to use advanced technology, along with our extensive, decades-long understanding of the Gippsland Basin, to ensure the full potential of the resource can be realized,” stated Neil W. Duffin, president of ExxonMobil Production Co. “Our objective is to produce West Barracouta gas for the Australian domestic gas market by 2021.”
In this particular project, the company has recently concluded front-end engineering design work which is a part of the Esso-BHP Gippsland Basin Joint Venture. In addition, it will be tied back to the existing Barracouta infrastructure. The 50/50 JV has awarded Subsea 7 and Schlumberger subsidiary OneSubsea.
Source: RigZone