Multi-billion dollar plug and abandonment market emerges in Australia
Australia is on the verge of its largest-ever wave of decommissioning as offshore development wells reach the end of their producing life. This is both adding headaches for producers and creating a multi-billion dollar opportunity for plugging and abandonment (P&A) suppliers.
Updated: 02/07/2021, 1:50 am
ExxonMobil has huge decommissioning liabilities in Australia Photo: Andrew Harrer/Bloomberg
Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape.
Thank you for signing up to our newsletter.
Something went wrong - please try again later.