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About the Gippsland Basin Joint Venture

The Gippsland Basin Joint Venture (GBJV), in which Esso Australia Pty Ltd and BHP Billiton Petroleum (Bass Strait) Pty Ltd each have a 50 per cent interest, is one of the most enduring partnerships in Australia’s corporate history.

This significant partnership began in 1964, with Esso Australia as the operator for oil and gas exploration off Victoria’s Gippsland coast.

The GBJV truly is a partnership that changed the nation with the discovery of the world-class Bass Strait oil and gas fields and created long-lasting benefits that have shaped Australia’s economic prosperity.