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OIL & GAS

ExxonMobil and Woodside approve $221m Gippsland Basin expansion

Investment targets domestic gas shortfall as east coast supply tightens

Rueben Hale
Turrum - Phase 3 Drilling

Turrum - Phase 3 Drilling | Credits: ExxonMobil

ExxonMobil's Esso Australia and Woodside Energy have committed $221 million to develop five new gas wells in the Gippsland Basin, as declining Bass Strait production threatens Australia's east coast energy...

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