The Northern Territory is fast becoming the ideal location for companies wanting to invest their expertise in servicing the growing oil and gas market.
TENIX Defence Systems recently opened a regional office in Darwin to supply electronic communication systems to the region’s oil and gas, resource and defence industries.
NORTHERN Territory Tourist Commission WA manager Mike Flood says there are countless tourist attractions in and around Darwin for the short-stay corporate holiday.
#WITH a 28 per cent success rate in the exploration of the Timor Sea region, there is currently a strong industry focus on offshore and onshore oil and gas development.
RECOGNISING the need for a Darwin-based multifaceted oil and gas service organisation, Upstream Petroleum have situated themselves as the first and only oil and gas consultancy currently in the Northern Territory.
A major hurdle for Red Back Mining NL (RBK) to overcome will be the power crisis currently underway in Ghana. This has affected Ranger’s operations at Damang mine.
Perth-based Aurora Gold Limited’s Mt Muro gold and silver mine in Indonesia overcame another year of climatic extremes to post a lower $14.5 million operating profit.
THE value of diamond production in WA has increased substantially, mainly due to the devaluation of the Australian dollar, but partly due to the Asian economic crisis.
Australian International Carbon Limited (AIC) has completed the relocation and upgrade of its activated carbon processing plant and moved to full production.
The Northern Australia Gas Venture (NAGV) has confirmed that development of Timor Sea gas is technically feasible, but ultimate success depends upon capture of markets and project economics.
THE opening of the first stage of its $190 million expansion of the Carousel shopping centre in Cannington marks a further step in the growth plans of retail giant Westfield into Perth’s commercial and retail market.