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.
