ENERGY CLUB NT Business

GLOBAL POWER WITHIN OUR GRASP

The industry knows this, the Government knows this and the Territory Economic Reconstruction Commission have confirmed this recently in their final report. Using this report as a blueprint supporting energy development, is the Territory up to the challenge? Our energy future and the Territory’s economic growth should have a strong focus...

Budget Infrastructure Investment Business

ROADS TO RECOVERY

The Northern Territory is set to benefit from the Federal Government’s record $110 billion infrastructure investment over 10 years, with an additional $9.7 billion delivered nationally in the 2020–21 Budget bringing total infrastructure investment in the Territory to over $2.7 billion since 2013–14. Key investments include $120 million...

SkyMax Business

DRONE FIRM TAKES OFF

Skymax was selected from a highly competitive list of mainly local competitors to win the tender to provide drones to inspect and survey equipment and infrastructure at the Bladin Point facilities. Max Lye, a 25-year old born-and-bred Territorian, founded the Darwin-based company less than three years ago. He says the contract is a “massive...

Department of Industry, tourism and trade Business

REBUILDING THE NT ECONOMY

“There has never been a more important time to achieve economic growth,” says Department Chief Executive Shaun Drabsch. He says growing the economy from today’s $26 billion to $40 billion would create 35,000 new jobs and drive the population above 300,000. “And it will mean a strong economy that supports a safe and healthy...

MCARTHUR RIVER MINE Business

MRM: PROUD OF STAFF AND COMMUNITY

The pandemic lockdown began a month later. But rather than panic, Steven and the McArthur River Mine (MRM) management team set about ensuring two things: the safety of staff and local community members, and a safe and sustainable operation. Both have been achieved – there has been no community or site transmission of covid-19 and the...

SANTOS Business

SANTOS SET TO LOCK IN DARWIN LNG FUTURE

The tolling arrangements and secured offtake were critical commercial milestones on the path to the Barossa project taking financial investment decision in the first half of next year as backfill for the Darwin LNG plant when Bayu-Undan ceases production. The long-term, binding supply and purchase agreement with a Japanese company for the...

Anindilyakwa Land Council Business

BRAVE NEW WORLD

Senior Traditional Owner Tony Wurramarrba, chair of the Anindilyakwa Land Council, says: “This is our sovereign land. “Local decision-making is just the start of the journey to full, formally recognised and legally binding self-governance.” The land council has set up a Community Justice Group to develop an alternative to prison. The...

Anindilyakwa Land Council Business

MINE NEARLY READY TO GO

Tony Wurramarrba, chair of the Anindilyakwa Land Council, says islanders are excited by the prospect of operating a mine. “People realise that it’s a great opportunity for us,” he says. The land council has formed a new company, Anindilyakwa Advancement Aboriginal Corporation, which is registered as Winchelsea Mining. A joint venture...

INPEX Business

LARRAKIA AND INPEX FORGE SOLID PARTNERSHIP

Global energy company INPEX and the Traditional Owners of Darwin have forged a unique partnership. A landmark agreement between the Ichthys LNG Joint Venture and the Larrakia people has resulted in a $24 million commitment over the next 40 years. INPEX’s Reconciliation Action Plan journey has been going for many years with its second Stretch...

Darwin Port Business

RESPONDING IN THE SAFEST WAY

The absolute priority was to keep the Port’s people and the Territory public safe without causing unnecessary delays to visiting ships. This is particularly relevant to the oil and gas sector where shipping delays can lead to significant operations imposts with corresponding negative financial outcomes. Absolute cooperation supported by...

Department of Trade Business and Innovation Business

REBUILDING THE TERRITORY

A team headed by co-chairs Andrew Liveris and Paul Henderson are hard at work mapping a road to prosperity. Chief Minister Michael Gunner wants their first report on his desk by the end of July. The Territory Government wants to turn the once-in-a-century crisis into a once-in-a-century opportunity for economic recovery, growth and...

INDUSTRY CAPABILITY NETWORK NT Business

GATEWAY TO PROSPERITY

Kevin Peters, chief executive of the Industry Capability Network NT, says Territory and Federal government stimulus packages were a “fantastic” help during the coronavirus lockdown. But he says: “There were projects underway before the pandemic – and these are still progressing.” ICN is the key link between companies that are...