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
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