Western Australia Wants to Establish Itself as a SE Asia Energy Hub

International oil and gas companies have been encouraged to use Western Australia to service the rest of Australia and South-East Asia.

Speaking in Aberdeen at one of the biggest oil and gas conferences in the world, Energy and Resources Minister Francis Logan said WA provided a wealth of opportunities for exploration, production and service industries in the oil and gas sector.

"The Australian oil and gas industry is in a phase of rapid growth, with experience and services developed in the North Sea being in big demand in WA," Mr Logan told Offshore Europe conference delegates.

"The WA Government is committed to establishing WA as an energy hub for the oil and gas industry, servicing not only Australia, but also South-East Asia.

"The Government is making decisions for the future."

The Minister said several new international companies had recently taken out exploration leases in WA in the last financial year as they sought security of supply. These companies included:

  • CNOOC Australia E & P Pty Ltd;
  • Hess Exploration Australia Pty Limited;
  • Gujarat State Petroleum Corporation Limited;
  • Barat Petroleum Corporation Limited;
  • Hindustan Petroleum Corporation Ltd; and
  • Sweetpea Petroleum Pty Ltd.

Mr. Logan said the State Government was particularly interested in capitalizing on demand for subsea technologies through the development of a cluster at the Australian Marine Complex (AMC), south of Perth.

"The AMC is the Asia-Pacific regionís premier module fabrication, shipbuilding, repair and maintenance facility for the marine, defense, oil and gas industry sectors," he said.

"We also believe the AMC is perfect for the fabrication, assembly and testing of large subsea oil and gas structures and many companies around the world are beginning to agree with us.

"Several international companies have expressed an interest in locating to the AMC cluster, including FMC Technologies, Ferguson SeaCabs, Thales Underwater Systems, Aker Kvaerner ASA, Subsea 7 Inc, Well Ops, Vetcogray Subsea Systems and Cameron."


Our Privacy Pledge

Most Popular Articles

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours