Woodside Energy Takes Over Operatorship of Gippsland Basin Assets
Woodside Energy has officially assumed the role of operator for the Gippsland Basin Joint Venture assets in Australia. This transition follows an agreement with ExxonMobil's subsidiary, which was the previous operator. While the operatorship has changed hands, both Woodside and ExxonMobil continue to hold a 50% interest each in the venture. The move is intended to ensure the long-term reliability and safe operation of the basin, which remains a critical source of natural gas for the Australian domestic market.
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