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Home News Local News

Supporting the local economy

by
8 December 2024
in Local News
Amplitude Energy, formerly Cooper Energy, has contributed $28.3 million to Victoria's Gross State Product in 2023-24, providing a significant boost to the Gippsland region. (photo: Amplitude Energy)

Amplitude Energy, formerly Cooper Energy, has contributed $28.3 million to Victoria's Gross State Product in 2023-24, providing a significant boost to the Gippsland region. (photo: Amplitude Energy)

Amplitude Energy, formerly Cooper Energy, is proud to announce a significant economic contribution to the Gippsland region, with a $28.3 million contribution to Victoria’s Gross State Product in 2023-24.

This investment supports the local economy through job creation, spending on goods and services and community engagement.

Amplitude Energy operates key assets in Gippsland, including the Orbost Gas Processing Plant, which processes natural gas from the offshore Sole gas field.

The company spent $22.2 million in Gippsland on goods, services, wages, and direct initiatives, supporting local businesses and providing opportunities for regional suppliers.

In total, 75 full-time equivalent jobs were created in Gippsland, including roles at the Orbost Gas Plant, where 25 employees live in the surrounding Gippsland area.

Amplitude Energy’s operations are vital to the region’s workforce, providing stable, well-paying jobs and contributing to local economic growth.

Jane Norman, chief executive officer of Amplitude Energy, commented, “Gippsland is a cornerstone of our operations, and we’re dedicated to supporting its economy and local communities.

“Through our spending on services, wages, and community programs, we are making a long-lasting impact.”

Amplitude Energy also supports community projects, such as partnerships with the Royal Flying Doctor Service and local organisations, including the Orbost Football and Netball Club and Orbost Cricket Club.

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122 Nicholson Street
PO Box 272
Orbost, VIC 3888

P: (03) 5154 1919
F: (03) 5154 2099

Publication Day: Wednesday
Circulation: 3,531

James Yeates

65 Macleod Street
PO Box 465
Bairnsdale, VIC 3875

P: (03) 5152 4141
F: (03) 5152 6257

© 2024 James Yeates

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