Government investing in resources innovation

Eight projects to boost cross-industry innovation, collaboration and sustainability in the resources sector will share in $2.1 million of government funding.

The funding is provided through the National Energy Resources Australia (NERA), the government’s Oil, Gas and Energy Resources Growth Centre, through a competitive matched funding program.

The funded projects include one to establish a Perth-based innovation cluster that will develop new subsea (underwater) products and services, including maintenance and repair services, for the offshore oil and gas industry in Australia and Asia.

Minister for Jobs and Innovation Michaelia Cash said the projects will leverage a further $2.4 million from industry partners.

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