The Resources & Energy Major Projects October 2012 report, released on Wednesday by the Bureau of Resources & Energy Economics (BREE), stated that of the 87 major projects in Australia, 18 were oil and gas projects amounting to A$195 million.

Of these 18 projects, 13 had reached a publicly announced stage and had an indicative combined value of between A$26.75 billion and A$32 billion.

“Floating