In a year of modest fiscal consolidation, and in challenging times for the industry, the 2016-17 Budget acknowledges the significant contribution a growing oil and gas sector makes to the economic well-being of all Australians.

The Australian Pipelines and Gas Association (APGA) has congratulated the Hon Gary Gray on his contribution to the resources portfolio during his term as Minister and Shadow Minister.

Cooper Energy has revised its best estimates for the Manta Deep and Chimaera East prospects in the Gippsland Basin, offshore Victoria.

Advent Energy has commenced preparations for drilling an exploration well in EP386 in the onshore Bonaparte Basin, Western Australia.

Quadrant acquires Bedout Sub-basin exploration permits

Quadrant Energy reached a sales and purchase agreement with Finder Exploration for its entire acreage in the Bedout Sub-basin.

NAIF passes Parliament with extended coverage

Legislation to establish the $5 billion Northern Australia Infrastructure Facility (NAIF) has passed the Parliament, enabling it to commence from July.

National Offshore Petroleum Titles Administrator (NOPTA) has granted nine month suspension, and extension for the third year of the T/49P exploration permit in the Otway Basin, offshore Tasmania.

Strike Energy has completed upgrades on pump equipment and automation systems for its Southern Cooper Gas Project, located in PEL 96, South Australia.

Following AWE’s announcement in March, David Biggs yesterday assumed the position of Managing Director.

Gorgon expected to restart in coming weeks

The Chevron-operated Gorgon Project is expected to be up and running again within weeks following mechanical issues.

Origin boosted by LNG sales

Origin has recorded healthy quarterly results off the back of its LNG shipments from the Australia Pacific LNG Project.

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PPO Annual 2015, the comprehensive guide to Australia’s petroleum industry, is a compendium of all key Australasian proposed, under construction and commissioned pipelines and oil, gas and LNG projects.


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