#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.
The Northern Territory Government is keen to see the growth and development of this industry and an increase in its capacity to export.
A joint initiative between the NT Department of Mines and Energy and the Institute of International Research is the annual South East Asian Australia Offshore Conference (SEAAOC) which addresses related issues.
The fifth SEAAOC will be held in Darwin from 20 to 21 June this year and will address exploration for oil and gas, as well as investment and development opportunities in the region.
It will also contribute to a better understanding of the issues associated with the oil and gas industry. The conference is a vehicle for promoting industry interest in developing the Timor Sea natural gas resource.
Topics included in the two day seminar are: an analysis of the current economic conditions impacting on South East Asia/Australia offshore developments, oil and gas projects in the northern region, infrastructure requirements to support burgeoning offshore industry, technical issues to be addressed in offshore exploration and development in FPSOs design.
Delegates will see strategic and practical presentations from a wide variety of presenters with expertise in areas such as exploration, risk management, project management, regional developments, pipelines, downstream processing and upstream regulatory reform.
