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Supermajor, ExxonMobil and its joint venture partner BHP have made a final investment decision (FID) on the development of the West Barracouta gas field, offshore Victoria, Australia. FEED work for the project has already been concluded and subsequently, contracts were awarded to Subsea 7 and OneSubsea. The project aims at boosting domestic gas supplies in Victoria. A report published by Australian Energy Market Operator dictates looming gas shortage in Victoria by 2022.
