{"id":232597,"date":"2025-02-24T23:07:27","date_gmt":"2025-02-25T03:07:27","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/esso-and-partners-to-invest-in-gippsland-basin-to-strengthen-australian-gas-supply\/"},"modified":"2025-02-25T10:08:23","modified_gmt":"2025-02-25T14:08:23","slug":"esso-and-partners-to-invest-in-gippsland-basin-to-strengthen-australian-gas-supply","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/esso-and-partners-to-invest-in-gippsland-basin-to-strengthen-australian-gas-supply\/","title":{"rendered":"Esso and partners to invest in Gippsland Basin to strengthen Australian gas supply"},"content":{"rendered":"\n<p><strong>ExxonMobil<\/strong> <strong>Australia subsidiary Esso Australia<\/strong> , together with <strong>Mitsui<\/strong> and <strong>Woodside Energy<\/strong> , have confirmed a $200 million investment in the <strong>Kipper 1B Project<\/strong> , with the aim of strengthening gas supply in Australia.<\/p>\n\n<h2 class=\"wp-block-heading\">A Kipper 1B gas supply project in Australia<\/h2>\n\n<p>This project involves the drilling and installation of a new subsea well in the Kipper field, using the <strong>VALARIS 107 jack-up platform<\/strong> . In addition, improvements will be made to the West Tuna platform, which will allow for the optimization of gas production and distribution capacity. <\/p>\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Projects such as Kipper 1B are vital to helping meet the country&#8217;s energy security needs by bringing new supply online that will be used exclusively for Australia&#8217;s domestic market.<\/p>\n\n\n\n<p>Natural gas is a safety net for our energy system, ensuring reliable and affordable energy for homes and businesses while providing the stability needed to transition to a low-carbon future.<\/p>\n<cite>Simon Younger, President of ExxonMobil Australia.<\/cite><\/blockquote>\n<\/blockquote>\n\n<p>Drilling at the <strong>Kipper field<\/strong> is scheduled to commence later this year, with simultaneous upgrades to the West Tuna platform. Production from this project is expected to be available to the market before winter 2026, contributing to Australia\u2019s gas supply. <\/p>\n\n<p>Esso Australia operates in the Bass Strait as part of the Gippsland Basin joint venture and Kipper unit, where it collaborates with <strong><a href=\"https:\/\/inspenet.com\/en\/news\/woodside-to-buy-tellurian-900-million\/\" data-type=\"post\" data-id=\"174868\" target=\"_blank\" rel=\"noreferrer noopener\">Woodside<\/a><\/strong> and <strong>Mitsui<\/strong> on multiple energy initiatives. This investment follows recent projects such as the Kipper Compression and West Barracouta, which have been important in optimising gas infrastructure in the region. <\/p>\n\n<p>Esso, Mitsui and Woodside\u2019s investment in the Gippsland Basin reinforces their commitment to Australia\u2019s energy security, ensuring natural gas remains an affordable and efficient energy source for years to come.<\/p>\n\n<p><strong>Follow us on social media and don&#8217;t miss any of our posts!<\/strong><\/p>\n\n<p><a href=\"https:\/\/www.youtube.com\/@inspenet\" rel=\"nofollow noopener\" target=\"_blank\">YouTube<\/a> <a href=\"https:\/\/www.linkedin.com\/company\/inspenetnetwork\" rel=\"nofollow noopener\" target=\"_blank\">LinkedIn<\/a> <a href=\"https:\/\/www.facebook.com\/inspenetnetwork\" rel=\"nofollow noopener\" target=\"_blank\">Facebook<\/a> <a href=\"https:\/\/www.instagram.com\/inspenet\/\" rel=\"nofollow noopener\" target=\"_blank\">Instagram<\/a> <a href=\"https:\/\/x.com\/Inspenetnetwork\" rel=\"nofollow\">X(Twitter)<\/a> <a href=\"https:\/\/www.tiktok.com\/@inspenet?_t=8qqIL6dRGNR&amp;_r=1\" rel=\"nofollow noopener\" target=\"_blank\">TikTok<\/a><\/p>\n\n<p><strong>Source:<\/strong> <strong><a href=\"https:\/\/corporate.exxonmobil.com\/locations\/australia\/australia-newsroom\/news-releases\/2025\/esso-mitsui-and-woodside-to-invest-nearly-200-million-into-the-gippsland-basin\" target=\"_blank\" rel=\"noreferrer noopener\">ExxonMobil Australia<\/a><\/strong><\/p>\n\n<p><strong>Photo: Shutterstock<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This investment adds to recent projects such as the Kipper Compression and West Barracouta projects, which are important in optimizing the gas infrastructure in the region.<\/p>\n","protected":false},"author":8404,"featured_media":232529,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13036],"etiqueta_noticias":[],"class_list":["post-232597","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-oil-and-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/232597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/8404"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=232597"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/232597\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/232529"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=232597"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=232597"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=232597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}