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New analysis lowers Australia’s projected offshore decommissioning costs to $43.6 billion

New analysis lowers Australia’s projected offshore decommissioning costs to $43.6 billion

by Offshore Reporter | Nov 19, 2025 | Decommissioning

New Xodus research estimates Australia’s full offshore oil and gas decommissioning liability at $43.6 billion—down from 2020 projections—reflecting rising efficiency and improved cost forecasting.

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New analysis lowers Australia’s projected offshore decommissioning costs to $43.6 billion

Latest News

Equinor forecasts 10%–20% production decline at Johan Sverdrup field in 2026

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Westwood launches MarineLogix offshore vessel intelligence platform

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