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Australia

Unity intervention equipment
Combining Unity’s advanced technology with CCI’s knowledge of Australia and regulatory expertise, the partnership will offer accelerated access to engineered well integrity and P&A solutions. (Image Source: Unity)

Unity’s new partnership strengthens Australia’s intervention scene

  • Region: Australia
  • Topics: Well Intervention
  • Date: 09 September, 2025

unity cci partnershipUnity has announced a strategic partnership with Clear Cut Interventions Australia, marking a significant step forward in delivering advanced well intervention and integrity solutions across the region.

Stuart Slater, Unity’s Technical Sales Director, said, “Australia is a strategic market for Unity, and we are delighted to have the opportunity to partner with CCI. Together, we are creating something unique for local operators: the assurance of world-class technology delivered with the speed, agility and regulatory confidence of an established Australian partner.”

Combining Unity’s advanced technology with CCI’s knowledge of Australia and regulatory expertise, the partnership will offer accelerated access to engineered well integrity and P&A solutions, joint technology transfer programmes, and comprehensive end-to-end project delivering capability from diagnostics through to remediation.

Managing Director of CCI, Dean McTiffen, commented, “POB limits, tight decks and de-rated cranes can turn simple interventions into major logistics exercises. With Unity’s compact tooling in-country and CCI’s Western Australian team and infrastructure behind it, we’re giving operators a genuinely end-to-end route to safer, faster interventions that fit the real-world constraints offshore.”

Through this partnership, operators will benefit from the local deployment of Unity’s Compact Intervention Suite of Tooling, QV range of Wellhead and Christmas Tree products and Thru Tubing solutions.

green_earth_and_trees
Key focus areas include emissions reduction. (Image source: Adobe Stock)

New industry transformation hub planned for Western Australia

  • Region: Australia
  • Topics: Decommissioning
  • Date: 4 September 2025

decarbonisationA new collaboration is set to advance Western Australia’s decarbonisation and economic diversification ambitions.

The Centre of Decommissioning Australia (CODA), the University of Western Australia (UWA), and Teesside University’s Net Zero Industry Innovation Centre (NZIIC) are coming together to establish a WA Industry Transformation Hub.

The collaboration brings together expertise from Australia and the UK to support Western Australia’s industrial transition to net zero, aligning with government priorities including decarbonisation and the LNG Jobs Taskforce. It builds on the shared industrial heritage of Teesside and Western Australia and will combine CODA’s extensive Australian and international decommissioning networks, UWA’s track record of supporting Australian industry with applied research, and NZIIC’s strong research base and industrial partnerships in the UK.

Key focus areas include industrial emissions reduction (including CCUS technologies), circular economy and advanced manufacturing; and knowledge exchange and work-integrated learning.

“This hub’s focus advances the WA CCUS Action Plan vision of establishing a world-leading CCUS industry to decarbonise heavy industries while supporting economic diversification. It also supports the Made in WA agenda by building local advanced manufacturing capability and skilled jobs, keeping WA at the forefront of global market shifts through strong industry support and innovation infrastructure,” said Francis Norman, CODA's CEO.

Decom_Engineering_chopsaw_Nick_McNally
Nick McNally pictured with one of Decom’s powerful chop saws (Image source: Decom)

Decom Engineering names new chief as Australia business hots up

  • Region: Australia
  • Topics: Decommissioning
  • Date: 3rd September 2025

Nick workshop 1 980x653Not long after Decom Engineering secured work in Australia’s nascent decommissioning sector, the UK-based company has appointed Nick McNally as its new Managing Director to steer its global growth ambitions.

The appointment was announced on the website of the Centre of Decommissioning Australia, or CODA, reflecting its significance to the nation’s decommissioning efforts.

“This is an exciting new stage for Decom as the business evolves from a highly respected niche engineering firm into a globally recognised technology partner,” said McNally in a statement.

“With new markets opening up, and recent contract wins in Australia, Brazil and the Gulf of Mexico, the opportunities ahead are considerable and my focus will be on building the infrastructure, capability and culture to meet that growth head-on.”

McNally, who has served as Decom’s Commercial Director since 2019, takes up his new role at a key time for the company as it steps up international expansion and technological innovation in the decommissioning sector.

His appointment reflects the Aberdeen-based company’s strategic focus on scaling operations, expanding into new markets, and strengthening its position as a leading provider of patented cutting technologies to the global energy industry.

Under his leadership, Decom succeeded in rolling out a new ultra-light chopsaw with improved cutting performance, which has seen the C1-16UL deployed across complex subsea projects in various challenging offshore environments.

The company has been buoyed by recent project wins in Australia.

Last year, it executed three market-entry Australian contracts to strengthen its position within the Asia Pacific region, including the deployment of its chopsaw cutting technologies on behalf of a major operator in the Bass Strait alongside two other clients in Australian waters.

Together, the contracts amounted to more than UK£500,000.

Decom is now actively progressing ISO certification alongside additional IP coverage and is looking to expand its workforce from 16 to over 25 staff within the next 18 months, with new roles across engineering, operations and business development.

“With international demand growing and increasing interest in our cutting technology, we’re focused on scaling responsibly, strengthening our systems, investing in our people and remaining agile, which enables us to move into new markets such as offshore wind and onshore decommissioning,” said McNally.

As well as the Australian market, the company is also chasing emerging business opportunities in North America, with demonstration events planned for the United States later this year as it evaluates potential partnerships and future growth.

offshore_oil_rig_at_sunset
Exxon Mobil is plugging and abandoning hundreds of wells in Bass Strait. (Image source: Adobe Stock

Executing Australia's largest P & A programme

  • Region: Australia
  • Topics: Decommissioning
  • Date: 29 August 2025

offshore plug and abandonment stockA well operations management plan and multidisciplinary collaboration have been critical success factors in ensuring Exxon Mobil's Bass Strait decommissioning project is carried out safely , efficiently and in compliance with regulatory requirements,

In an article on the Exxon Mobil website, Project Manager Richard Perry talks about how Exxon Mobil is executing the largest offshore decommissioning project in its global history in Bass Strait.

ExxonMobil’s wells team is permanently and safely plugging and abandoning hundreds of wells in Bass Strait, as it retires infrastructure that has reached the end of its productive life. To date, the company has safely plugged and abandoned over 200 offshore wells, using specialised equipment to install cement plugs at depths equivalent to a 20-storey building. These plugs undergo rigorous pressure testing to ensure long-term integrity and environmental protection.

“To guide this work, our team developed a first-of-its-kind Well Operations Management Plan, ensuring all plug and abandonment activities meet strict regulatory requirements and adhere to the highest safety standards,” Parry explains. “This plan draws on ExxonMobil’s global experience managing successful decommissioning campaigns in Canada, the United States, and the North Sea, while also incorporating innovative practices that improve both efficiency and environmental outcomes.

“Our Bass Strait well plug and abandonment program is among the largest of its kind globally,” he adds, noting that it relies on close collaboration across a multidisciplinary team—including geoscientists, well integrity engineers, reservoir specialists, regulatory experts, and safety, health and environment professionals—to ensure each well is retired safely, responsibly, and in full compliance with environmental expectations.

Once all wells have been safely plugged and abandoned, each platform is placed in a safe state until it is ready to be removed and safely transported to Barry Beach Marine Terminal for dismantling.

“We remain committed to transparent engagement with our community—keeping stakeholders informed and ensuring our work aligns with local expectations,” Perry concludes.

Reach Subsea's Reach Remote 2 vessel in dock
Reach Remote 2 will perform reservoir monitoring on the Scarborough gas field by utilising the company’s gWatch technology. (Image Source: Reach Subsea)

Reach Subsea heads down under in preparation for IMR operations

  • Region: Australia
  • Topics: Well Intervention
  • Date: 28 August, 2025

reach subsea heads to australiaReach Subsea’s pioneering Uncrewed Surface Vehicle (USV) in on-route to Australia to deliver subsea services for Woodside Energy.

Reach Remote 2 will perform reservoir monitoring on the Scarborough gas field by utilising the company’s gWatch technology. gWatch, used widely across Norwegian gas fields, measures time-lapse gravity and seafloor deformation to detect small changes in mass and pressure. The precision measurements significantly reduce uncertainty in gas reservoirs and aquifer influx to enhance workflows and support accurate production forecasts.

Reach Remote 2’s operation in Australia will demonstrate the USV’s ability to reduce offshore personnel operational risks, cut costs and reduce environmental impact compared to traditional crewed vessels.

Reach Subsea’s CEO Jostein Alendal said, “Seeing the Reach Remote 2 vessel sail ‘down under’ to deliver world-class services to a company like Woodside Energy is a proud moment for all of us at Reach Subsea. This project clearly demonstrates that the transition to a robotic future is not a vision – it is happening now. We are reducing HSE risks by removing personnel from hazardous environments, reducing operational costs and cutting the carbon footprint of offshore activities by up to 90%.

“It is a major leap forward for the industry and a testament to what innovative technology can achieve.”

The deployment marks the beginning of Reach Subsea’s Inspection, Maintenance and Repair (IMR) operations in Australia, and highlights the company’s expanding global presence.

man_worker_offshore_rig_decommissioning_Australia
Decommissioning complexities facing Australia's offshore sector (Image source: Adobe Stock)

Decommissioning's health, safety & environmental complexities

  • Region: Australia
  • Topics: Decommissioning
  • Date: 26 August 2025

AdobeStock 1419737488Recent events in Australia’s decommissioning space demonstrate the complexity of offshore decommissioning campaigns from the environmental and work, health and safety perspectives.

Lessons learned from these experiences will assist the industry to prepare itself to meet the large influx of decommissioning work ahead, according to a new insight paper from law experts at Pinsent Masons, co-authored by Cormac Mercer and Laura Slocombe, which continues below:

Last week, the Wilderness Society commenced proceedings against the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) in the Federal Court seeking judicial review over its approval of an environmental plan (EP) from Santos WA Northwest Pty Ltd (Santos) for its Reindeer wellhead platform to be “left in a preserved state for future phases”. This is despite Santos’ Reindeer field having ceased production this year.

Offshore activities, including decommissioning, must be approved by NOPSEMA. The approval process involves lodging certain documents, including an EP, along with an operation management plan and a safety case. The EP is generally the most significant, and potentially problematic, of these.

The Wilderness Society has publicly claimed that, by approving Santos’ EP, NOPSEMA did not enforce Santos’ duty under the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (Cth) (OPGGS Act) as titleholder of the Reindeer facilities to maintain financial assurance, in particular in relation to decommissioning the infrastructure and remediating damage to the surrounding environment.

Section 571(2) of the OPGGS Act requires a titleholder to maintain financial assurance sufficient to give the titleholder the capacity to meet costs, expenses and liabilities arising in connection with, or as a result of:

the carrying out of the petroleum activity;

the doing of any other thing for the purposes of the petroleum activity; or

complying, or failing to comply, with a requirement under the OPGGS Act in relation to the petroleum activity.

The duty imposed by section 571(2) of the OPGGS Act extends to covering any costs, expenses or liabilities arising in connection with, or because of, compliance with a titleholder’s duty under section 572C of the OPGGS Act, which relates to the escape of petroleum.

If NOPSEMA’s decision to approve Santos’ EP is ultimately quashed by the Federal Court, it could result in NOPSEMA assessing EPs in the future on the basis of demonstrated financial capacity to undertake decommissioning. The Wilderness Society matter is now before the Federal Court.

This litigation contributes to the recent rise in legal challenges to NOPSEMA’s EP approvals. Whether this leads to a more conservative approach to decommissioning activities by titleholders and NOPSEMA, potentially disincentivising developers from exploring innovative decommissioning solutions with positive environmental outcomes, remains to be seen.

Environmental approvals for major offshore decommissioning projects will continue to be under increased scrutiny, adding to the complexity of offshore decommissioning campaigns. Businesses operating in the offshore space should ensure that EPs and assessments, including consultation, are undertaken in a comprehensive manner with a close eye on recent legal and scientific developments.

Work, health and safety

In general, offshore decommissioning is an inherently hazardous process that exposes workers to a variety of physical and psychosocial risks.

Infrastructure requiring decommissioning is often located in harsh and unpredictable marine environments which are geographically isolated. Remote work has become a well-known psychosocial hazard in many industries but is particularly acute in the renewable energy industry, due to minimal access to resources and support, often for prolonged periods of time.

In addition, other obvious physical hazards include the handling of hazardous chemicals and contaminants; manual handling challenges in bringing infrastructure to shore; fires and explosions; and interactions with people and mobile plant, including sea vessels.

NOPSEMA is paying close attention to offshore decommissioning works in Australian waters and is cracking down on operators who are failing to mitigate risks.

Recently, NOPSEMA issued three general directions to Woodside for its Stybarrow and Griffin fields off the Western Australian coast and Minerva field offshore of Victoria.

Each direction requires Woodside to undertake and document a risk assessment to identify and evaluate all risks to health, safety and the environment associated with Woodside’s removal activities. This includes a requirement that “control measures” are in place to reduce risks to as low as reasonably practicable. NOPSEMA’s intervention comes off the back of an oil spill incident at Woodside’s Griffin field. In addition to potential environmental damage, there were concerns that workers were exposed to hydrogen sulphide, an extremely toxic gas, due to the spill.NOPSEMA has powers to enforce WHS compliance on offshore projects that reflect the powers of state, territory and Commonwealth regulators under the model harmonised work health and safety laws. For example, inspectors can:

enter offshore facilities to conduct inspections and interviews;

issue provisional improvement notices, prohibition notices and infringement notices; and

take possession of plant and samples.

NOPSEMA can also commence criminal and civil prosecutions, seek injunctions - stopping someone doing a certain action or activity - and apply for adverse publicity orders against corporate entities, with reputational impacts.

Operators of decommissioning projects in Australian offshore environments are reminded that they must take all reasonably practicable steps to protect the health and safety of workers at the facility and of any other persons who may be affected by their activities. This is a legislative obligation prescribed by the OPGGS Act, largely mirroring the primary duty under the harmonised work health and safety framework that requires a person conducting a business or undertaking to ensure, so far as is reasonably practicable, the health and safety of workers and others.

If risks cannot be fully eliminated, which is usually the case in high-risk workplaces such as offshore decommissioning facilities, operators should not wave the white flag and sit still. They have a duty to ensure that all risks are minimised, so far as is reasonably practicable, particularly those which are known, obvious and foreseeable.

Australia_flag_oil_rig_Northern_Territory
Decommissioning opportunities in sight for Northern Territory (Image source: Adobe Stock)

Northern Territory decommissioning project timetable revealed

  • Region: Australia
  • Topics: Decommissioning
  • Date: 19th August 2025

Australia flag oil rig Northern TerritoryFollowing the release of a new study exploring the infrastructure and capabilities required to support offshore oil and gas decommissioning in the Northern Territory, a timetable of potential projects and opportunities is coming into focus.

It begins with subsea infrastructure and mooring systems associated with the Northern Endeavour project, coming ashore from 2025, and continues through the decades culminating with potential involvement on Ichthys, coming ashore from 2058 onwards.

However, the intermittent nature of the work means the establishment of a permanent, local decommissioning and abandonment (D&A) workforce is unlikely to be economic, compared with resources and labour at rival locations, notably Western Australia (WA).

Australia's Centre of Decommissioning (CODA) released its Northern Territory report in July highlighting some of the limitations of the region, as well as areas in which it can play a meaningful role in the nation’s decommissioning efforts.

“It is not deemed credible for large fixed facilities (i.e., non-wellhead platforms) or floating facilities to be decommissioned in the Northern Territory,” the report notes.

However, the state does appear to hold a great deal of promise in aiding work to process related subsea infrastructure and mooring systems.

From a planning perspective, CODA states, the following are the most credible oil and gas decommissioning opportunities in the Northern Territory:

2025: Subsea infrastructure and mooring systems associated with the Northern Endeavour, coming ashore from 2025.

2032-2036: Subsea infrastructure, mooring systems and a wellhead platform associated with Montara, coming ashore between 2032 and 2036.

2038: Subsea infrastructure, mooring systems (CALM buoy) and a wellhead platform associated with Blacktip, coming ashore from 2038.

2047-2052: Subsea infrastructure and mooring systems associated with the Prelude and Crux developments, coming ashore between 2047 and 2052.

2050-2055: Subsea infrastructure, mooring systems and a wellhead platform associated with the Barossa and possibly the Bayu Undan developments, coming ashore between 2050 and 2055.

2058-2063: Subsea infrastructure and mooring systems associated with Ichthys, coming ashore from 2058 and 2063.

Crucially, the report suggests that based on the estimated decommissioning dates, there does not appear to be significant overlaps in the decommissioning windows of the various developments.

Lack of overlap means that each decommissioning campaign will need to be established separately – including leases on land, and mobilisation of a workforce and equipment.

“Between the defence and offshore oil and gas industries, there is unlikely to be the demand to sustain a continuous decommissioning workforce especially compared with other jurisdictions such as WA,” it notes.

“Given decommissioning requires specialist capability, this will result in a short-term or ‘project’ based workforce,” it adds.

offshore_oil_rig
The proposed hub could create opportunities for new jobs in decommissioning and metals recycling. (Image source: Adobe Stock)

Calls for establishment of a decommissioning hub in Western Australia

  • Region: Australia
  • Topics: Decommissioning
  • Date: 15 August 2025

offshore decommissioning stockA new report by an alliance of unions and leading environmental organisations has recommended the establishment of a nation-first decommissioning hub in Western Australia to manage the state's growing number of retired offshore oil and gas assets.

The WA Can’t Wait report, a collaboration between Greenpeace Australia Pacific, Unions WA, Conservation Council WA, Maritime Union of Australia - WA Branch, The Wilderness Society, Australian Manufacturing Workers Union - WA Branch, Electrical Trades Union - WA Branch, argues that a WA decommissioning hub would deliver thousands of secure, skilled jobs, protect marine ecosystems and coastal communities, and bring scrap steel and other materials into local domestic circular supply chains.

Recommendations include:
• A decommissioning hub be built in Western Australia, near current fossil fuel infrastructure and where green recycling facilities can be established
• Oil and gas operators are held financially responsible and a fully industry-funded clean-up be mandated
• Existing laws are strengthened and enforced to ensure a full and timely decommissioning
• The safety of workers and the environment is prioritised
• Investment in ports, recycling facilities and local workforces is increased to support decommissioning and emerging offshore wind and other renewable energy industries.

Geoff Bice, Greenpeace Australia Pacific WA Campaign Lead, pointed out that 89% of Australia’s 5.7 million tonnes of offshore oil and gas infrastructure is in West Australian waters.
“A decommissioning hub is WA-positive, and the industry should foot the bill for their own mess. This isn’t just a clean-up plan, it’s a once-in-a-lifetime opportunity to build a world-leading industry.”

Matt Roberts, Conservation Council of Western Australia Executive Director, said,“50% of Australia’s offshore oil and gas infrastructure is due to be decommissioned by 2030 and most of it is in WA. It is critical that companies are held to account to deliver on their environmental responsibilities. There are also huge opportunities for new jobs in decommissioning and metals recycling. These are the jobs of the future that will help us transition to renewable energy."

Will Tracey, Maritime Union of Australia WA Secretary, said, “We welcome this practical, worker and community-focused contribution to solving a national decommissioning bottleneck. This is how we keep high value jobs in WA and secure economic strength for decades to come, building a bridge between the energy past and a just, sustainable future. It’s time for the government to act on what workers and communities are calling for: full removal, local recycling, and a Future Made in Australia that starts in WA.”

'Australia' written on the side of a government building
The contract includes advisory services for the removal of associated subsea infrastructure within the fields. (Image Source: Canva Pro)

Kent wins technical P&A contract with Australian Government

  • Region: Australia
  • Topics: Decommissioning
  • Date: 12 August, 2025

kent australian government contractIntegrated energy services giant, Kent, has been awarded a technical advisory services contract by the Australian Government to support the permanent plugging and abandonment of the Laminaria-Corallina fields in the Timor Sea.

The contract also includes advisory services for the removal of associated subsea infrastructure within the fields.

The award underscores Kent’s position as a trusted decommissioning partner following its existing work conducted on the Northern Endeavour FPSO facility, as well as its expanding footprint within the APAC region. Under the initial two-year contract, Kent will deploy a team of technical and regulatory experts to provide strategic and operational support throughout the decommissioning phase.

Michael Costello, Executive Vice President – Development, APAC & Americas, said, “This contract is a testament to the trust the Australian Government has placed in Kent’s decommissioning expertise. We are proud to continue supporting the safe and responsible transition of offshore assets, prioritising environmental outcomes and technical integrity at every stage.”  

Nick_McNally_MD_Decom_Engineering_with_chopsaw
Nick McNally, managing director, Decom Engineering with one of the company's chopsaws. (Image source: Decom Engineering)

Decom Engineering appoints new managing director

  • Region: Australia
  • Topics: Decommissioning
  • Date: 7 August 2025

NickMcNallyDecom Engineering has appointed Nick McNally as managing director, to drive ahead the company's strategy on accelerating international expansion, scaling operations and strengthening its position as a leading provider of patented cutting technologies to the global energy industry

McNally was formerly the company’s commercial director, under whose leadership Decom has rolled out a new ultra-light Chopsaw with improved cutting performance, which has been deployed across complex subsea projects in challenging offshore environments, and the company has experienced recent project wins in Australia, South America and Europe.

The company has also consolidated operations in Aberdeen, closed its Northern Ireland facility, and restructured its internal systems and roles. The company is actively progressing ISO certification as well as additional IP coverage and is engaged with the Fit for Offshore Renewables programme, enabling greater access to clean energy markets and expanding opportunities in offshore wind.

Decom plans to expand its workforce from 16 to over 25 staff within the next 18 months, with new roles across engineering, operations, and business development.

McNally said, “This is an exciting new stage for Decom as the business evolves from a highly respected niche engineering firm into a globally recognised technology partner.

“With new markets opening up and recent contract wins in Australia, Brazil and the Gulf of Mexico, the opportunities ahead are considerable and my focus will be on building the infrastructure, capability and culture to meet that growth head-on.”

 “With international demand growing and increasing interest in our cutting technology, we’re focused on scaling responsibly, strengthening our systems, investing in our people and remaining agile, which enables us to move into new markets such as offshore wind and onshore decommissioning.”

aerial_view_Darwin_Harbour
Aerial view of Darwin Harbour

Northern Territory decommissioning infrastructure under scrutiny

  • Region: Australia
  • Topics: Decommissioning
  • Date: 6th August 2025

OWI NAAustralia's Centre of Decommissioning (CODA) has released a new study exploring the infrastructure, capabilities and regulatory systems required to support offshore oil and gas decommissioning in the Northern Territory.

Its new Northern Territory Decommissioning Location Study evaluates ports and surrounding industries that could facilitate the dismantling, recycling and disposal of equipment recovered from the Browse and Bonaparte basins over the next 40 years.

The study confirms there are “credible opportunities” for the Northern Territory, that are most relevant to subsea infrastructure and mooring systems associated with assets such as Northern Endeavour, Montara, Blacktip, Barossa and Ichthys.

CODA’s CEO Francis Norman said the report highlights the importance of coordinated planning and investment across jurisdictions.

“The Northern Territory has a real opportunity to play a role in Australia’s offshore decommissioning future,” said Norman.

“By identifying practical pathways to build local capability and work in alignment with national infrastructure, this study supports a more collaborative and connected approach to end-of-life asset management.”

Specifically, Darwin Harbour offers multiple viable receival points, including the East Arm Wharf, Marine Supply Base, Darwin Ship Lift and the proposed Middle Arm Module Offloading Facility, the report notes.

The study also highlights that intermittent demand and limited local waste treatment capacity present challenges to establishing a dedicated and continuous decommissioning industry in the Northern Territory.

The findings also reinforce the importance of clear regulatory processes and long-term infrastructure planning.

This includes opportunities to integrate with national waste treatment networks and future facilities such as the Chandler geological repository and Whyalla’s Electric Arc Furnaces.

The study was commissioned by CODA and developed by Kent, drawing on its global decommissioning expertise to assess infrastructure needs and opportunities in the Northern Territory.

Woodside Energy's asset in Western Australia
Woodside Energy has assumed operation of assets in the Bass Strait following a historic agreement with ExxonMobil Australia. (Image Source: Woodside Energy)

Woodside strengthens Australia operations with Bass Strait acquisition

  • Region: Australia
  • Topics: Decommissioning
  • Date: 30 July, 2025

woodside assets western australiaWoodside Energy has assumed operation of assets in the Bass Strait following a historic agreement with ExxonMobil Australia, unlocking potential development of additional gas resources.

From completion, Woodside will assume operation of the offshore Bass Strait production assets, the Longford Gas Plant, the Long Island Point gas liquids processing facility and associated pipelines.

As operator, Woodside will take on the responsibility for asset planning and execution activities, pursuing a value maximisation strategy that targets further production and reliability improvements. This move combines Woodside’s existing global operations with ExxonMobil’s experience workforce in the Bass Strait who will transfer to the operator.

The agreement also created flexibility to realise future development opportunities that meet Woodside’s capital allocation framework. The operator has identified four potential development wells that could deliver up to 200 petajoules of sales gas to the market. Under the agreement, Woodside can solely develop these opportunities through the Bass Strait infrastructure subject to the further technical maturation and a final investment decision.

Woodside EVP and COO Australia, Liz Westcott, said, “As a proudly Australian company, Woodside support essential domestic energy needs in both Western Australia through the North West Shelf, Pluto and Macedon operations, and on the east coast through its equity participation in Bass Strait.

“Taking operatorship of Bass Strait demonstrates Woodside’s continued commitment to meeting Australia’s domestic energy demand while maximising the value of existing infrastructure.”

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