AFX Europe (Focus): Exxon Mobil-led jv to develop Australia’s Kipper offshore gas field
Jun 15, 2005
SYDNEY (AFX) – Esso Australia, a subsidiary of Exxon Mobil Corp, said the partners in the Kipper gas field in Australia’s Bass Strait have agreed to develop the project, with first gas expected to flow into southern Australian markets in 2009.
Esso is the project operator, with an 32.5 pct interest under a revised equity agreement. BHP Billiton also holds 32.5 pct, while Woodside Petroleum Ltd, which is about one-third owned by Shell, has 21 pct and Santos Ltd 14 pct.
Esso said the project partners have agreed on the key terms and conditions for processing gas from the Kipper field through Esso and BHP Billiton’s existing onshore infrastructure and processing facilities in the Gippsland district of the Australian state of Victoria.
In a statement, Exxon Mobil Australia chairman Mark Nolan said the project has the potential to be one of the largest gas developments to come on stream in Victoria in the medium term and will underpin growth in Gippsland gas sales.
Kipper has a resource of about 620 bln cubic feet of recoverable gas and 30 mln of barrels of condensate and liquid petroleum gases.
The field is located in 100 meters of water, about 45 kms offshore.
The project’s development is subject to funding approvals by the participants while the development cost was not disclosed.
blh/dg/dk
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
