Media Release: Roadmap recognises economic opportunities from offshore decommissioning

Australian Energy Producers welcomes the Australian Offshore Resources Decommissioning Roadmap released today, which recognises the importance of “Australia’s strong and successful gas sector” as it embarks on a major scope of decommissioning works over the next decade.  

The Roadmap outlines a number of actions aimed at positioning Australia as a leading jurisdiction for the decommissioning of offshore energy infrastructure, backed by industry’s world-class skills and expertise. 

Australian Energy Producers Chief Executive Samantha McCulloch said the Roadmap recognised the significant economic and employment benefits associated with the industry’s investment in offshore decommissioning.   

“For decades, these offshore oil and gas facilities have delivered energy security and substantial economic benefits for all Australians, and this next wave of investment in decommissioning will extend that economic contribution,” Ms McCulloch said.  

“The Roadmap acknowledges the need for a skilled workforce, clear and efficient regulations and improved collaboration across jurisdictions to maximise economic and environmental outcomes.” 

Ms McCulloch said Australia can benefit from the experience of the United Kingdom and Norway in developing international best practice environment and safety standards as well as financial assurance frameworks. 

“Regulations that provide clarity and certainty for industry are essential, including addressing the current ambiguity on consultation requirements that is delaying decommissioning activities as well as urgently needed new gas supply projects,” Ms McCulloch said.  

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