As the Finocchiaro CLP Government continues to deliver on its commitment to rebuild the Territory's economy, Minister for Trade, Business and Asian Relations, Robyn Cahill, departed today to attend the invite‑only Baker Hughes Annual Meeting.
A major global energy technology company operating in over 120 countries and with some 57,000 employees, Baker Hughes' annual meeting will run from 28 to 30 January 2026.
Already a key partner in Territory projects, in October 2025 Baker Hughes invested US$10 million in Tamboran Resources to support Beetaloo development and is advancing energy initiatives including SunCable. It has also identified the Barkly as a prime location for large‑scale data centres, positioning the Territory as a credible partner for resilient, low‑carbon digital infrastructure in Australia and the Asia‑Pacific.
Held in Italy, the Baker Hughes meeting brings together more than 2,000 global industry leaders and policymakers to discuss the future of energy and industry. As the only Australian jurisdiction invited to attend, participation in the event presents the Territory with an unprecedented opportunity to be showcased as a leading hub for energy and resources.
Minister Cahill said the Territory's growing reputation as a competitive place to live, work, visit and invest, will be front and centre of all discussions.
"It is critical the magnitude of the transformational economic opportunity that is the Beetaloo Basin, is understood across the globe and this meeting will provide direct access to global investors and technology providers to promote global recognition of the Territory's competitive resources and energy opportunities."
"We have a strong track record in energy and resources, and this global platform allows us to demonstrate our capability, experience and long‑term potential," Minister Cahill said.
"My message to attendees will be very clear. The Territory is the best place to do business. We are open to investment and industry development and the opportunities investment in the Beetaloo and projects like SunCable are significant."
"The benefits of these projects will flow through to all Territorians through economic diversification, workforce opportunities, strengthening of local supply chains and building the infrastructure that will underpin our economic future."
The estimated costs for the Minister are approximately $8,000, with final costs to be reported after the trip in line with standard reporting processes.
