6th May 2020

The annual Offshore Petroleum Exploration Acreage is part of the Federal Government’s strategy to promote offshore oil and gas exploration. Consultation is underway on potential areas for inclusion in the 2020 acreage release.

The consultation process provides an opportunity to comment on potential areas for release and highlight potential impacts of exploration activities. Submissions will be considered by the Federal Government in determining which areas are made available for bidding as part of the 2020 acreage release.

While there are no areas nominated for release offshore New South Wales in 2020, participation is open to all industry stakeholders and relevant agencies.

To read more about the consultation and to make a submission click here: https://consult.industry.gov.au/offshore-exploration/2020-acreage-release-consultation/

The consultation period will close on the 29 June 2020.