The oil and gas industries in Western Australia, Victoria, Northern Territory and the Territory of Ashmore and Cartier Islands have been bolstered by the Australian Government’s 2020 offshore petroleum exploration acreage release.
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New acreage release to boost offshore exploration
The oil and gas industries in Western Australia, Victoria, Northern Territory and the Territory of Ashmore and Cartier Islands have been bolstered by the Australian Government’s 2020 offshore petroleum
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Northern Endeavour secures federal lifeline
Upstream Production Solutions (UPS) has received government backing to continue to operate the Northern Endeavour floating production storage and offtake facility, currently moored in the Timor Sea in
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Shell confirms Arrow Energy investment in Surat gas project
Joint venture partner Shell Australia has taken a final investment decision (FID) to develop the first phase of Arrow Energy’s $10 billion Surat gas project in Queensland. The project is expected
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Federal government gives offshore explorers flexibility
The Australian Government plans to give offshore explorers greater flexibility in an effort to assist the industry through COVID-19. The proposed measures are set to provide a simplified application process
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Productivity Commission draft to combat industry red tape
A Productivity Commission draft report on resources sector regulations has indebted several ways that governments can reduce red tape and other barriers to develop and invest in the industry. The commission
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Equinor abandons Great Australian Bight drilling
Equinor has decided to withdraw from its oil exploration program in the Great Australian Bight offshore South Australia. In December last year, the Norwegian energy company’s deep-water Stromlo-1
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Resources sector welcomes new minister
The resources industry has welcomed Queensland Nationals MP Keith Pitt as the Minister for Resources, Water and Northern Australia following Matt Canavan’s resignation from the post.
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