Australia has just one offshore field development in the early construction phase, but there are several new projects that look poised to proceed in the near future, writes Russell Searancke.
Cooper Energy’s Sole gas project off the south-east state of Victoria is under construction and is targeting first gas in March 2019.
It is a A$355 million (US$267.7 million) subsea development with two wells in 125 metres of water and a 65-kilometre pipeline to the Orbost onshore gas plant.
