NERA (National Energy Resources Australia) has approved more
than $1.8 million in new project funding that will lead industry
collaboration and drive innovation across Australia’s energy resources
Through the industry-led growth centre NERA, the Federal
Government will provide the funding to support seven new projects that are
backed by oil and gas, coal and uranium sector operators through
This latest announcement brings the number of projects NERA
is delivering across Australia to 32 and the number of project partners
directly involved to more than 80 – a sign of NERA’s ability to foster
The projects include a revolutionary metal 3D printing
technology that will be adapted for remote oil and gas operating
environments. The new technique can operate around 1000 times the speed of
conventional 3D printing at a fraction of the cost and is an example of
directly integrating new technology into the energy resources sector - a
key priority area outlined in NERA's Sector Competitiveness Plan, a 10-year
strategic roadmap for Australia's energy resources industries.
Other projects to receive funding were selected to deepen
understanding of regions including the Great Artesian Basin – one of the
world’s largest groundwater resources which stretches across more than 20
per cent of Australia. This – and an additional project centring around the
northern Perth Basin - will better inform future resources activities and
unlock new pathways to exploration and extraction.
NERA chief executive Miranda Taylor said the new projects
support NERA’s goal to lead sector-wide transformational change across
Australia’s energy resources sector by developing a smart, high-value,
digital and export-focused supply chain.
“Projects that receive NERA funding are selected to deliver
results on a national scale and have sector-wide impact, assisting the
energy resources sector unlock a potential $10 billion in value that NERA
has identified,” Ms Taylor said.
"These projects demonstrate NERA’s role to assist
Australia’s energy resources sector maintain its global competitiveness by
adapting to the changing global and domestic energy market and accelerating
technological change by creating vital opportunities for collaboration and
innovation and the improved transfer of knowledge and technology.
“By assisting new resource opportunities come online, these
significant initiatives will be critical to maintaining industry
productivity and meeting Australia’s future energy needs.
“We are very pleased to see the successful commercialisation
of world-class research from Australian universities that is, with the
combined support of industry and government, delivering real solutions to
the challenges our industry operators are facing today and those they will
The successful projects will receive co-funding from NERA’s
$15.6 million Project Fund, upon the formalising of contracts.
The full recipient list is detailed below:
New 3D printing technology to support remote operating environments (NT)
NERA is collaborating with technology developer SPEE3D, Charles Darwin University and industry partner INPEX to support the development of a new high-speed, low-cost metal 3D printing technology specifically for the oil and gas industry. The technology can operate around 1000 times the speed of conventional metal 3D printing at a fraction of the cost and has the potential to revolutionise industrial activities in remote areas by allowing onsite metal part production. The technology will enable environments to fabricate necessary parts on site and limit costly delays associated with downtimes that can be in the order of tens of millions of dollars.