Australia is about to see its largest-ever wave of offshore development wells that reach the end of their producing life and need to be decommissioned. A Rystad Energy report shows that Australia’s number of such wells will jump from 160 today to more than 440 by 2026, with a further 172 offshore exploration wells waiting in the queue.
Australia is about to see its largest-ever wave of offshore development wells that reach the end of their producing life and need to be for decommissioned. This task is both adding headaches for producers and creating a multibillion-dollar opportunity for plugging and abandonment (P&A) suppliers. A Rystad Energy report shows that Australia’s number of such .
Buru Energy Limited expands footprint in northern Western Australia proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.