The annual offshore petroleum exploration acreage release is part of the government’s strategy to promote offshore oil and gas exploration. Each year, the government invites companies to bid for the opportunity to invest in oil and gas exploration in Australian waters. The 21 areas shown have been nominated by petroleum industry stakeholders to be considered for the 2021 acreage release. Areas nominated for release will not receive endorsement from government until submissions resulting from a public consultation process can be considered. This publication does not indicate a commitment to a particular course of action.