Woodside and the Australian Space Agency on March 26 signed a statement of strategic intent and cooperation aimed at enhancing the capability and competitiveness of Australian industry and promoting technology transfer between the space sector and the oil and gas sector.

The agreement was signed in Perth by Dr. Megan Clark AC, head of the Australian Space Agency, and Woodside vice president technology Jason Crusan.

Australia’s Minister for Industry, Science and Technology Karen Andrews said the Australian Space Agency’s signing with Woodside, the largest Australian natural gas producer, would strengthen the national space sector.

“Woodside is currently expanding its capabilities in remote operations and technologies. Once commercialized, these technologies will not only have the capability to be deployed across different industry sectors but also utilized on earth, in space and on lunar and Mars missions,” Andrews said.

Woodside CEO Peter Coleman welcomed the signing and said collaborating with the space sector further demonstrated Woodside’s approach to innovation and technology.