ExxonMobil Starts Deepwater Drilling Off Southeastern Australian Coast

3rd September 2018

SYDNEY, Aug 27 (Reuters) – ExxonMobil said on Monday it has commenced a A$120 million ($88 million) offshore exploration drilling off Australia’s southeast coast to search for new sources of natural gas.

ExxonMobil Australia is also actively considering a potential gas import project to bring additional supply to the country’s east coast market, Chairman Richard Owen said in a statement.