Some of the nation's biggest oil and gas firms will work with academia and the CSIRO on a project to make Perth the centre of the energy industry.
Prime Minister Kevin Rudd will today announce the city will be the headquarters of the first oil and gas innovation partnership with the aim of attracting $180 billion in investments to Australia.
The partnership will draw together about 35 businesses and research institutions with government support to find new ways to build on the oil and gas sector.
Already Woodside, Shell and Santos have signed up to the project that will effectively create an oil and gas research precinct in Perth.
The University of WA, Curtin University and the CSIRO will be directly involved.
While Perth will be the centre, it will connect to so-called "nodes" in Brisbane, Darwin, Adelaide, Melbourne and Sydney. Mr Rudd, in Perth for his first visit in this election campaign, said the idea was to build on the $200 billion already invested by the sector in new projects.Shane Wright