This section provides an introduction to the legislative framework and investment environment for companies interested in becoming involved in the Australian offshore petroleum exploration industry. It also provides an overview of relevant Commonwealth legislation, along with details of key initiatives and programs that may be of interest to potential investors.
|Document Title||Description||File Type|
|Explore Australia||This document outlines why Australia continues to attract investment in offshore petroleum exploration and development.||[PDF, 464KB] [DOC, 441KB]|
|Petroleum Law and Government||This document describes Australia’s framework and the role of government in petroleum exploration and development in Australia.||[PDF, 580KB] [DOC, 494KB]|
|Foreign Investment||This document describes the framework for foreign investment in Australia and provides useful information for those wishing to learn more.||[PDF, 413KB] [DOC, 339KB]|
|Petroleum Taxation||This document describes general income taxation arrangements and specific resources taxation for offshore oil and gas companies working in Australia||[PDF, 452KB] [DOC, 341KB]|
|Bidding and Assessment||This document describes the process for bidding on acreage in the 2011 offshore petroleum acreage release. It also includes useful information such as bid checklists and closing dates.||[PDF, 480KB] [DOC, 381KB]|
|2011 Areas and Special Notices||This document outlines the obligations of offshore petroleum explorers and the rights and interests of others that may apply to the 2011 offshore petroleum exploration acreage release areas.||[PDF, 832KB] [DOC, 709KB]|