A Victorian offshore oil project is expected to be granted major project status due to its national strategic significance, allowing proponents access to particular services to advance the project.
A Sydney-based renewable energy technology company is currently talking with potential suppliers and contractors about working with them on their $20 million wave energy project.
A US-based renewable energy company has awarded a major contract to an Australian company to conduct the seabed survey for its wave energy project off the coast of Victoria.
BHP Billiton has approved increased capital expenditure for the Esso Australia operated Kipper and Turrum projects in the Gippsland Basin, offshore Victoria.