ConocoPhillips Australia and Korea National Oil Corporation are partnering to explore gas reserves in the Otway Basin, aiming to address looming supply shortages on Australia’s East Coast. The joint venture, approved for up to six exploration wells, faces urgency as Victoria’s gas supply gaps are projected to reach critical levels by 20282029.
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ConocoPhillips is rewriting the rules of offshore gas exploration with groundbreaking seabed surveys and eco-conscious tech in the Otway Basin—discover how this ambitious 2025 mission could reshape Australia’s energy future.
Read More“From the depths of the Caribbean Sea to the cutting-edge labs of TDI-Brooks, a groundbreaking mission is unlocking the secrets of the Dragon Field. Discover how this ambitious gas project is reshaping the future of energy in the region—and why it matters to the world.”
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