Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 14 & 18 : 30-Jul-25

Woodside Energy has struck a deal to assume operational control of the Gippsland Basin joint venture with ExxonMobil in Bass Strait. About 1,200 of ExxonMobil’s employees and contractors will be transferred to Woodside as part of the deal, while the company will be able to develop new gas fields without its long-standing partner. Woodside will also be able to proceed with the development of four new gas fields in the Gippsland Basin, subject to final investment approval; they are estimated to contain up to 200 petajoules of gas.

CORPORATES
WOODSIDE ENERGY GROUP LIMITED – ASX WDS, EXXONMOBIL CORPORATION