Northwest blocks to be major part of offshore bonanza

ACTIVITY in Australia’s offshore petroleum sector is set to dramatically increase over the next decade with $8-9 billion worth of development projects already earmarked for completion by 2008 and at least another $50 billion of potential new projects undergoing feasibility or FEED studies. By RICK WILKINSON

Northwest blocks to be major part of offshore bonanza Northwest blocks to be major part of offshore bonanza Northwest blocks to be major part of offshore bonanza Northwest blocks to be major part of offshore bonanza Northwest blocks to be major part of offshore bonanza

The list of approved developments includes Enfield, Perseus-over-Goodwyn, Angel, NW Shelf Train 5, Stybarrow, Cliff Head, Puffin, Thylacine, BassGas (Yolla) and Kipper.

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