With the support of the Western Australian Government, CODA is pleased to unveil the comprehensive study, conducted by Deloitte to deepen the understanding of the skills and capabilities critical to Australia’s decommissioning industry.

Australia’s oil and gas industry, a key contributor to the global energy landscape, is navigating a crucial juncture as many of its operational assets approach the end of their life expectancy, gearing up for a wave of decommissioning activity expected to span several decades. In response to this imminent demand, CODA commissioned Deloitte to develop the foundations for a cohesive strategy and path forward to building a skilled domestic workforce equipped to meet future challenges.

The study, produced after a rigorous multi-faceted approach, combines a comprehensive literature review with extensive stakeholder consultations. Engaging with oil and gas title holders, service providers, industry groups, and other key stakeholders, the study provides valuable insights into the current state and future trajectory of Australia’s decommissioning industry.

The study identified several critical themes, which were collated under four distinct, yet interrelated categories:

  1. 1. Strength of Australian Oil and Gas Industry: The study highlights a strong commitment to learning and collaboration within the industry, emphasizing the need for innovation to enhance overall capabilities.
  2. 2. Context & Preparedness: Despite the growing demand for decommissioning, the industry’s preparedness varies based on activity types, influenced by multiple interweaving factors.
  3. 3. Workforce Challenges & Opportunities: Anticipated demand for decommissioning activity may strain existing workforce capability. The study identifies critical skills and capabilities required, shedding light on existing gaps.
  4. 4. Planning & Regulatory Considerations: The report emphasizes a willingness to collaborate but acknowledges challenges stemming from innate competitiveness, complexities associated with decommissioning work, and decentralized capability.

Opportunities to Move Forward

To best support the decommissioning industry to meet anticipated demand in the medium to long-term, 11 targeted opportunities to move the industry forward in a sustainable and meaningful manner were identified. Of these, this study concluded that there are 6 opportunities that are high-value and high-urgency.

For detailed insights and recommendations, we invite you to explore the public study.

View the study

Posted 15 March 2024