29 September 2022
Licensing round October update
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
Open Australia opened its delayed 2022 Offshore Petroleum Acreage Release on 24 August via a webinar. Resources minister Madeleine King announced the ten areas available for bidding, located across four basins offshore the Northern Territory, Western Australia, the Ashmore & Cartier Islands, and Victoria. These include the Bonaparte basin, the Browse basin, the Northern Carnarvon basin and the Gippsland basin, with approximately 46,758km² available for exploration. “At the same time as we strive to reduce emissions, it must be emphasised that continued exploration for oil and gas in Commonwealth waters is central to alleviating future domestic gas shortfalls,” says King. The release focu
Also in this section
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
19 November 2024
Energy minister says country is delaying first oil production until pipeline and refinery are ready