Australian junior Norwest Energy (ASX:NEW) recently announced a large gas discovery in the onshore Perth basin in Australia. The news bolsters recent analysis from consultancy Rystad Energy that suggests conditions are ripe for a significant development opportunity, with the basin potentially emerging as a key source of gas supply in Western Australia.
Utterly crucial to the success of the current Falklands campaign is the supply chain. At more than 8,000 miles from Aberdeen to Port Stanley it presents a huge challenge, yet it is one that has been successfully overcome.
The challenges presented by global competition for access to oil, gas and mineral resources will be the focus of a Europe-wide study being led by the University of Dundee.