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Events to watch in 2013 - Australasia

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Report summary

2012 was a big year for the booming petroleum sector in Australasia. Investment flowed into the region at record levels, although the activity generated significant cost inflationary pressures. Some major project budgets and schedules slipped considerably. We think operators now have a better measure of the cost base in Australia and how to manage the challenges of delivering projects, though the environment remains difficult. 2013 looks likely to be a pivotal year for many projects and,

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    Events to watch in 2013 - Australasia

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Table of contents

  • Executive Summary
  • Development concepts to be reconsidered for Arrow and Browse LNG
  • Another major year for M&A activity in Australian LNG
  • PNG LNG Train 3 to enter FEED
  • Unconventional exploration to drive resource additions across Australia
  • Greater focus on native land access negotiations
  • Spending requirements will challenge small players in unconventional sphere
  • More cash bidding for licenses expected
  • CMATS Treaty between Timor Leste and Australia rolled over
  • Further CSG to LNG project pain to emerge
  • Light at the end of the tunnel for cost inflation in Australia

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  • Events to watch in 2013 - Australasia: Image 1

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