Industry Analysis & Industry Trends
Unprecedented investment in gas extraction and liquefied natural gas (LNG) production facilities across northern Australia has supported record activity in the Oil and Gas Field Services industry over the past five years. Strong global demand for energy sources and technological advancements in natural gas extraction, liquefaction and long-distance transport have driven this investment.
Multi-billion dollar LNG developments under construction are currently nearing completion and will soon become operational in Queensland, northern Western Australia, and the Northern Territory. The industry is currently working on projects with a delivery value exceeding $175 billion, due for completion between 2015 and 2017... purchase to read more
Industry Report - Industry Locations Chapter
The geographic spread of industry establishments closely mirrors the distribution of oil and gas extraction companies and the spread of new major construction projects. The industry's businesses operate on sites of these major projects, which are located in Australia's oil and gas fields both onshore and offshore. For this reason, the vast majority of industry establishments are estimated to be located in Western Australia servicing the offshore operations (i.e. North West Shelf). The industry is also heavily involved in the development of gas operations in Queensland, including CSG extraction and the LNG processing plants, along with onshore developments in the Northern Territory... purchase to read more