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Northbridge Industrial Services Plc

ExxonMobil hands in revised proposal for Gippsland basin surveys

Oil major ExxonMobil has submitted a revised proposal to Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for a series of geophysical and geotechnical surveys in the Gippsland basin.

In the proposal, ExxonMobil’s subsidiary, Esso Australia Resources, stated that it would undertake a series of surveys within 11 existing license areas in the Gippsland basin over the next few years.

According to the proposal, the survey program is required to provide information on several prospective future developments and potential plug and abandonment campaigns.

Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.

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