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Broome Economy Updates

Broome Economy Updates

Date: 7th August 2014

June 2014: State govt. announcement -- The entire Kimberley region will benefit from a new $51million industrial project to be developed near Broome. 40 lots are expected to become home to more than 40 businesses supplying about 900 jobs. 

Jun 2014: The first pieces of support infrastructure to back up the burgeoning Browse Basin oil and gas industry have arrived, with Royal Dutch Shell committing $30 million to underpin a dedicated search and rescue helicopter service out of Broome.

2015: Woodside are scheduled to reach a final investment decision on their massive Browse FLNG development by end of 2015. It is anticipated that a $3bn Broome supply base will be a part of this development.

2015: Buru Energy are scheduled to move into the production phase of their onshore Canning Basin Shale Gas developments, 100kms east of Broome. It is thought the gas reserves here could triple what has been discovered at Browse.”