Oil and Gas

Industry overview

Australia is one of the world's most advanced producers of oil and gas and related technology. With some of the largest natural gas reserves in Asia and considerable oil reserves, Australia has significant experience in the efficient extraction, processing and distribution of oil and gas products.

Australian capability

With a strong base of modern engineering and advanced research and development, Australian oil and gas businesses are well placed to assist Russian companies in improving efficiency, productivity and profitability.

Australian companies offer unique expertise and capabilities in areas such as:

• research and development
• chemical production
• oil and gas manufacturing
• software and high-tech information systems
• offshore drilling services
• offshore staffing
• industry-related equipment supplies
• biotechnology and equipment
• advanced technology and expertise
• downstream processing
• occupational health and safety.

Australia is a reliable and competitive supplier of high-quality components, spare parts and products for oil and gas, including:

• Advanced extraction, drilling and refinery systems
• Exploration and exploration technologies
• Pipeline equipment, including valves and metering equipment
• Production safety, OH&S, training aids and training to emergency services
• Pipeline security and integrity technologies
• Ecology and environmental security
• Anti-corrosion and advanced polymerisation technologies
• Gas analysers capable of handling multiple gas types
• Software and IT-related products
• Telecommunication systems for remote areas.

Australia also offers world-class services capabilities for Russian oil and gas companies, including:

• Engineering consultants
• Construction
• Drilling and welding services
• Legal, safety, emergency and medical services
• Catering services
• Training and education

Australia's proven record in Russia

Australian oil and gas companies are already established in Russia, with a number of businesses participating in the development of the Sakhalin Island oil and gas province. In 2003 and 2004, Austrade Russia led four trade missions to this region with Australian oil and gas companies. These missions resulted in business relationships worth A$70 million to date, with Australian exporters of all sizes successfully building partnerships with Russian companies.

Success in pursuing business opportunities in the Sakhalin Island province reflects the strength of Australia's diverse oil and gas sector. Australian companies have:

• Excellent capabilities in specialist geological and geophysical data processing and in the appraisal and evaluation of oil and gas field reserves
• Extensive experience in establishing and managing fixed offshore facilities, floating production systems and offshore-onshore pipelines
• Unique and specialised building materials, technology and fittings
• Compelling consultancy skills and expertise in monitoring, evaluating and environmental solutions
• Competitive transportation and logistics for oil and gas clients.

Sakhalin Island project operators provided very positive feedback. Australian companies are regarded as competitive, dynamic, offering solid products and services and geographically well positioned to service the market. Australian companies also learned how important it is to have a presence in the market to win business.