Issue 49

A NEW BEGINNING 

It is easy to see why. The word itself feels final, associated with winding down. Yet for the Northern Territory, decommissioning represents something different – a new beginning. It is the chance to unlock a multi-billion-dollar industry, create skilled local jobs, and anchor Darwin as a hub for safe, efficient, and sustainable dismantling and...

Issue 48

RED TAPE TARGETED

The annual NT Resources Week, which is supported by the NT Government and organised by event management company Informa, will be held at the Darwin Convention Centre from 3-4 September. As usual, the conference will be a three-headed affair – SEAAOC, Mining the Territory, and Clean Energy and Decarbonisation. Themes of SEAOCC, the major...

Issue 48

AMMAROO: READY TO HELP FEED THE WORLD

The dynamic company is developing the Ammaroo phosphate project, 220 kilometres southeast of Tennant Creek. Verdant has been granted two mineral leases for one of the largest undeveloped phosphate resources in the world. The leases are a critical step towards bringing a promising mining development closer to production and a milestone in...

Issue 48

INPEX: TRANSITIONING WITH THE TERRITORY

In February, INPEX CORPORATION unveiled its updated strategy: INPEX Vision 2035 – Realising a Responsible Energy Transition. This vision focuses on three key growth areas: Expanding LNG production Advancing low-carbon solution including carbon capture and storage (CCS) Exploring new energy sector opportunities INPEX...

Issue 48

NT GAS LIGHTS UP THE WORLD

The NT’s two largest projects – Beetaloo and Barossa – are creating all the essentials for economic growth: taxes, royalties, jobs, training and lucrative work for local subcontractors, which are often family-run businesses. Beetaloo, a massive onshore venture that is already driving solid economic upturns in regional communities,has the...

Issue 47

AUSTRALIA’S CHANCE TO BE A SUPERPOWER

The Barossa Gas Project, a gas and condensate field in the Arafura Sea, 285 kilometres north-west of Darwin, will backfill Santos-operated Darwin LNG at Wickham Point. The first gas is expected to be produced in the third quarter of this year. Barossa is replacing supply from the Bayu-Undan fieldin Timor-Leste waters. The $4.7 billion...

Issue 47

TAMBORAN DRIVES OUR GAS FUTURE

Economists believe that the commercial development of shale gas will transform the Northern Territory’s economy indefinitely by directly and indirectly creating thousands of well-paid jobs. Beyond this, Tamboran’s proposed NTLNG facility at Middle Arm will further position Australia as a leading gas exporter, generating billions in revenue...

Issue 47

TERRITORY’S GAS-FIRED ECONOMY

Fast-growing Asian economies led to an increase in gas demand of 2.8 percent in 2024, above the 2 percent average growth rate between 2010 and 2020. The greater demand necessitating greater supply is a once-in-a-generation opportunity for Australia – and the Territory in particular – to create wealth through a strong, diverse and...

Issue 47

GAS PART OF OUR HISTORY

Activists trying to halt the job-creating Middle Arm industrial development and who are scaremongering and spreading misinformation among Traditional Owners about Beetaloo should take heed of the failed Barossa project challenge in the Federal Court. The findings have set the standard of proof required to support an assertion that a project is...

Issue 46

SANTOS GAS POWERS THE NT ECONOMY

As it prepares for first gas in 2025 at its Barossa gas project, 300 kilometres north of Darwin, the global energy company is also advancing plans for other projects throughout the region,including a carbon capture storage hub at Bayu-Undan in Timor-Leste to link back to Darwin LNG. “These are real projects, backed by real money, delivering...

Issue 46

MRM DELIVERS JOBS IN A MASSIVE WAY

Over the past five months, more than 40 pieces of massive machinery have travelled from throughout Australia to Glencore’s McArthur River Mine, 700 kilometres south-east of Darwin.  It is part of an impressive $250 million investment in the Territory economy through MRM’s purchase of a new Caterpillar mining fleet from Hastings...

Issue 46

TERRITORIANS CRUCIAL TO INPEX SUCCESS

In our journey to produce ever cleaner, diversified and more secure energy, 2024 was another significant year for INPEX Australia.  And with each LNG cargo supporting regional energy security, together with the Ichthys Joint Venture, we are helping create positive outcomes for the Darwin community, through jobs, training and social and...