Follow us:
Subscribe to our newsletter

logo

  • News
  • Projects
  • Business and Finance
  • Innovation
  • Products and Services
  • Events
  • Online Magazine
  • Advertise
  • Contact
Home
  • News
  • Projects
  • Business and Finance
  • Innovation
  • Products and Services
  • Events
  • Online Magazine
  • Advertise
  • Contact
Quotes by TradingView

WA Government inks funding agreement with NERA

04 Dec, 2020
153



The Western Australian Government has demonstrated its ongoing support of an innovative and vibrant energy resources sector through the signing of a two-year, $1 million funding agreement with National Energy Resources Australia (NERA). 

Premier of Western Australia, Mark McGowan, said that the investment builds on previous contributions to NERA over the past four years, and ensures the industry growth centre will continue to be headquartered in Western Australia, supporting jobs and the economy.

“NERA’s work is aligned with the aims of the State Government’s LNG Jobs Taskforce to enhance WA’s global competitiveness and maximise opportunities for local participation in the LNG sector,” Mr McGowan said.

“As an integral partner of the taskforce, NERA is participating in the steering group and partnering with industry and the WA Government on key initiatives such as the REGENERATE supply chain program to be launched next year.”

“The State Government is also working with NERA to support the development of the hydrogen industry, and the government’s investments in the sector will also fund establishment of Hydrogen Technology Clusters here in WA,” he said.

NERA CEO, Miranda Taylor, said the arrangement shows the commitment of the WA Government in supporting and creating jobs in the energy resources supply chain at the same time as driving a greener, cleaner and brighter energy future for all Western Australians.

“Since NERA’s inception, a significant part of our strategic work program and resources have been focused on leveraging value for the WA economy from the huge investment in the state’s oil and gas and LNG sector,” Ms Taylor said.

“NERA plays an essential role in creating the connections, collaboration and innovation partnerships required to expand market opportunities and achieve the critical mass needed to attract technology investment and support innovative SMEs to enter the oil and gas industry’s supply chain.”

“Furthermore, NERA is working with WA to support innovative SMEs that are supplying diverse technologies, services and capabilities. It’s these businesses that have and will continue to create the opportunities for new investment and jobs in WA,” she said.

“And at a time when the COVID-19 pandemic is making life hard for SMEs, this partnership demonstrates the government’s support for local businesses in the energy resources sector supply chain.”

 The funding package will enable, among other initiatives: 

REGENERATE program 

NERA’s REGENERATE program that supports innovative local businesses to connect with potential buyers in the energy resources sector by developing and providing solutions to address genuine industry challenges. The program aims to fast track commercialisation of technologies from WA businesses to tier 1 contractors and large operators in the energy resources sector through identifying key industry challenges, sourcing local solution providers and supporting supplier-buyer partnerships through pilot studies.

Hydrogen Industry Clusters 

NERA is working to establish Regional Hydrogen Technology Clusters to help build capabilities and drive industry collaboration across the hydrogen value chain and maximise economic benefits by ensuring Australian companies are well placed to supply new technology, products and services to domestic and international markets.

NERA recognised that in order to establish a successful National Hydrogen Technology Cluster, an initial bottom-up approach is first required. Through developing regional clusters around key hydrogen projects and potential hubs, or in regions that will service those hubs (e.g. metropolitan areas, such as Perth), NERA will help to enhance local cohesion and capability in the hydrogen value chain.

Subsea Innovation Cluster Australia (SICA) 

SICA brings together Australian operators, service companies and research institutions to address challenges specific to the Australian oil and gas subsea industry in the areas of inspection, maintenance, and repair. With a growing membership of 38 organisations ranging from small to medium SMEs, researchers and large operators, SICA is launching collaborative projects to develop technology solution to sustainably grow benefit the sector.

Related Articles

APPEA releases platform ahead of WA State Election

New CEO to lead AEMO through energy sector’s transition

Oil producer receives notice in relation to BP Kwinana Refinery

Chevron donates $1.2M to Western Australian fire relief efforts

Comments

Leave a comment Cancel reply

You must be logged in to post a comment.

all news all projects

Latest Posts

  • Latest News
  • Latest Projects
26 Feb

IMO, WISTA International launch first Women in Maritime Survey

26 Feb

2020 LNG demand holds steady despite COVID-19

26 Feb

IMO carbon intensity target can be achieved with adoption of amendments

25 Feb

Geelong home for new Victorian ports body

24 Feb

APPEA releases platform ahead of WA State Election

25 Feb

Sweet gas discovery spurs new potential in Baram Province

24 Feb

Neptune Energy announces start-up of Gjøa P1 development

24 Feb

Equinor and partners prepare for shutdown of the Veslefrikk field

23 Feb

CNOOC Limited announces large discovery in Bohai Bay

21 Feb

Methanol factory at Tjeldbergodden restarts production

Online Magazine

    Current Cover
  • Login
  • Subscribe

Subscribe

Subscribe to our newsletter or print magazine

Our Titles

  • Home
  • Contact Us
  • Terms and Conditions
  • Privacy
© Sage Media Group 2021 All Rights Reserved.
×
Authorization
  • Registration
 This feature has been disabled
 This feature has been disabled until further notice, however you may still register
×
Registration
  • Autorization
Register
* All fields required