The energy and resources sector continues to take centre stage with regard to Australia’s economy and global competitiveness. Australia’s upstream oil and gas industry has continued a period of unprecedented growth and transformation, with more than A$350 billion being invested in oil and gas projects, including seven major LNG projects.
These major developments in the petroleum industry have taken the spotlight in recent years, provoking great interest from foreign investors. With a stable political, legal and economic environment, a highly skilled workforce and a welcoming attitude to foreign investment, Australia is a favoured destination for foreign investors.
For companies looking to acquire a stake in the Australian oil and gas industry, this publication provides important background information on the sector, and explores key legal considerations for investing in or developing an oil and gas project in Australia.
You can access a copy of Investing in the Australian Petroleum Industry: Second Edition here, or click the ‘DOWNLOAD PDF’ button.
This article was originally co-authored by Bruce Adkins.
This publication is introductory in nature. Its content is current at the date of publication. It does not constitute legal advice and should not be relied upon as such. You should always obtain legal advice based on your specific circumstances before taking any action relating to matters covered by this publication. Some information may have been obtained from external sources, and we cannot guarantee the accuracy or currency of any such information.