New oil province could enhance Australia’s energy security  

Recent articles


Tweets

22 May 22, 2:23pm The oil and gas industry congratulates @AlboMP and Labor on their election success https://t.co/ew12RE23Io
array(24) { ["created_at"]=> string(30) "Sun May 22 04:23:57 +0000 2022" ["id"]=> int(1528230159886610432) ["id_str"]=> string(19) "1528230159886610432" ["text"]=> string(217) "The oil and gas industry congratulates @AlboMP and Labor on their election success https://t.co/ew12RE23Io" ["truncated"]=> bool(false) ["entities"]=> array(4) { ["hashtags"]=> array(0) { } ["symbols"]=> array(0) { } ["user_mentions"]=> array(1) { [0]=> array(5) { ["screen_name"]=> string(6) "AlboMP" ["name"]=> string(16) "Anthony Albanese" ["id"]=> int(254515782) ["id_str"]=> string(9) "254515782" ["indices"]=> array(2) { [0]=> int(39) [1]=> int(46) } } } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/ew12RE23Io" ["expanded_url"]=> string(117) "https://www.appea.com.au/all_news/statement-appea-acting-chief-executive-damian-dwyer-on-the-federal-election-result/" ["display_url"]=> string(30) "appea.com.au/all_news/state…" ["indices"]=> array(2) { [0]=> int(83) [1]=> int(106) } } } } ["source"]=> string(71) "Twitter Web App" ["in_reply_to_status_id"]=> NULL ["in_reply_to_status_id_str"]=> NULL ["in_reply_to_user_id"]=> NULL ["in_reply_to_user_id_str"]=> NULL ["in_reply_to_screen_name"]=> NULL ["user"]=> string(8) "APPEALtd" ["geo"]=> NULL ["coordinates"]=> NULL ["place"]=> NULL ["contributors"]=> NULL ["is_quote_status"]=> bool(false) ["retweet_count"]=> int(1) ["favorite_count"]=> int(4) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
20 May 22, 3:51pm Find out more about all the #awards winners from the 2022 APPEA Conference and Exhibition that took place in… https://t.co/b7MHDQIOdf
array(24) { ["created_at"]=> string(30) "Fri May 20 05:51:00 +0000 2022" ["id"]=> int(1527527287276859392) ["id_str"]=> string(19) "1527527287276859392" ["text"]=> string(258) "Find out more about all the #awards winners from the 2022 APPEA Conference and Exhibition that took place in… https://t.co/b7MHDQIOdf" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(1) { [0]=> array(2) { ["text"]=> string(6) "awards" ["indices"]=> array(2) { [0]=> int(28) [1]=> int(35) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/b7MHDQIOdf" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1527527287276859392" ["display_url"]=> string(29) "twitter.com/i/web/status/1…" ["indices"]=> array(2) { [0]=> int(110) [1]=> int(133) } } } } ["source"]=> string(71) "Twitter Web App" ["in_reply_to_status_id"]=> NULL ["in_reply_to_status_id_str"]=> NULL ["in_reply_to_user_id"]=> NULL ["in_reply_to_user_id_str"]=> NULL ["in_reply_to_screen_name"]=> NULL ["user"]=> string(8) "APPEALtd" ["geo"]=> NULL ["coordinates"]=> NULL ["place"]=> NULL ["contributors"]=> NULL ["is_quote_status"]=> bool(false) ["retweet_count"]=> int(0) ["favorite_count"]=> int(2) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
19 May 22, 4:12pm APPEA Chair Ian Davies talks of embracing change as he delivers his closing address of the 2022 APPEA Conference.… https://t.co/KiFqPSZAUe
array(24) { ["created_at"]=> string(30) "Thu May 19 06:12:24 +0000 2022" ["id"]=> int(1527170286864695296) ["id_str"]=> string(19) "1527170286864695296" ["text"]=> string(194) "APPEA Chair Ian Davies talks of embracing change as he delivers his closing address of the 2022 APPEA Conference.… https://t.co/KiFqPSZAUe" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(0) { } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/KiFqPSZAUe" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1527170286864695296" ["display_url"]=> string(29) "twitter.com/i/web/status/1…" ["indices"]=> array(2) { [0]=> int(115) [1]=> int(138) } } } } ["source"]=> string(71) "Twitter Web App" ["in_reply_to_status_id"]=> NULL ["in_reply_to_status_id_str"]=> NULL ["in_reply_to_user_id"]=> NULL ["in_reply_to_user_id_str"]=> NULL ["in_reply_to_screen_name"]=> NULL ["user"]=> string(8) "APPEALtd" ["geo"]=> NULL ["coordinates"]=> NULL ["place"]=> NULL ["contributors"]=> NULL ["is_quote_status"]=> bool(false) ["retweet_count"]=> int(0) ["favorite_count"]=> int(4) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
19 May 22, 3:27pm Ben Dahl, BDM at corrosion management specialist @COSASCO takes a stand at booth 124 of the 2022 @APPEACONFERENCE a… https://t.co/SROSwYNVSZ
array(24) { ["created_at"]=> string(30) "Thu May 19 05:27:07 +0000 2022" ["id"]=> int(1527158891347603456) ["id_str"]=> string(19) "1527158891347603456" ["text"]=> string(320) "Ben Dahl, BDM at corrosion management specialist @COSASCO takes a stand at booth 124 of the 2022 @APPEACONFERENCE a… https://t.co/SROSwYNVSZ" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(0) { } ["symbols"]=> array(0) { } ["user_mentions"]=> array(2) { [0]=> array(5) { ["screen_name"]=> string(7) "COSASCO" ["name"]=> string(7) "Cosasco" ["id"]=> int(36894784) ["id_str"]=> string(8) "36894784" ["indices"]=> array(2) { [0]=> int(49) [1]=> int(57) } } [1]=> array(5) { ["screen_name"]=> string(15) "APPEACONFERENCE" ["name"]=> string(31) "APPEA Conference and Exhibition" ["id"]=> int(213619824) ["id_str"]=> string(9) "213619824" ["indices"]=> array(2) { [0]=> int(97) [1]=> int(113) } } } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/SROSwYNVSZ" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1527158891347603456" ["display_url"]=> string(29) "twitter.com/i/web/status/1…" ["indices"]=> array(2) { [0]=> int(117) [1]=> int(140) } } } } ["source"]=> string(71) "Twitter Web App" ["in_reply_to_status_id"]=> NULL ["in_reply_to_status_id_str"]=> NULL ["in_reply_to_user_id"]=> NULL ["in_reply_to_user_id_str"]=> NULL ["in_reply_to_screen_name"]=> NULL ["user"]=> string(8) "APPEALtd" ["geo"]=> NULL ["coordinates"]=> NULL ["place"]=> NULL ["contributors"]=> NULL ["is_quote_status"]=> bool(false) ["retweet_count"]=> int(0) ["favorite_count"]=> int(3) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd

Developing a new oil province in the Great Australian Bight would deliver significant long-term economic benefits for Australia and South Australia.

APPEA South Australia – Northern Territory Director Matthew Doman said hearings of the Senate Environment and Communications References Committee ‘Inquiry into oil or gas production in the Great Australian Bight’ in Adelaide today were an opportunity to answer questions and address concerns about the industry’s activities.

Mr Doman said the economic case for the safe and sustainable development of a new oil province was clear.

He said finding a major new oil source would help address Australia’s widening trade deficit in a vital commodity.

“About 80 per cent of the oil we use in Australia is imported, costing us around $34 billion a year,” he said.

“Local production has been falling steadily. Australia has less than 10 years of proven domestic crude oil reserves left.

“The Great Australian Bight could be the new oil province that boosts our energy security for decades to come.”

Mr Doman said the oil and gas industry was one of Australia’s highest value-adding industries, generating highly-skilled, and high-wage jobs.

“Besides the thousands of people directly employed in upstream exploration and production, the industry employs many more people, directly and indirectly, in downstream processing, engineering and other services,” he said.

Mr Doman said Australia’s regulatory regime had been transformed in the last five years to be truly world class. Its strengths included:

  • A single, independent regulator with deep expertise in the offshore environment;
  • An unambiguous focus on rigorous risk assessment, free from political or other influences;
  • A very conservative approach which requires risks to be reduced to as low as reasonably practicable; and
  • An objectives-based approach which is more flexible than prescriptive regulation and promotes continuous improvement.

Mr Doman said that if current plans were approved, the industry would spend more than $1 billion on near-term exploration work.

“With proper regulatory oversight, there is no reason a safe, sustainable offshore petroleum industry should not be possible for South Australia, and that residents of the state should not benefit from the investment that will be made and jobs created,” Mr Doman said.

“The industry’s record of safe, sustainable operations offshore in neighbouring Victoria show that similar development could occur in the bight with minimal risk to the environment.”

APPEA’s submission to the Senate Inquiry can be found here.