As part of CODA’s commitment to supporting the establishment and growth of an Australian domestic oil and gas decommissioning, dismantling, recycling, and disposal industry, this study identifies the optimal location, size, capability, and characteristics of a suitable receival and dismantling yard to support the decommissioning of oil and gas equipment in Western Australia.
CODA’s previous studies indicate there is an estimated USD40.5 billion worth of decommissioning activity that will take place in Australian waters over the next few decades. Approximately 60% of this activity will take place off the coast of Western Australia, presenting a significant opportunity for Western Australian businesses to participate in the work.
At a high level, the study concludes that:
- A significant decommissioning liability is associated with onshore disposal.
- Multiple locations along the WA coast are deemed suitable for onshore decommissioning facilities.
- A multi-facility approach is recommended to address diverse market needs.
- Recovery of pipelines is geographically viable, with considerations for separate handling of fixed assets.
- Overlapping specifications suggest collaboration with offshore wind staging and decommissioning sites for a dual-use facility.
- Continued support from government bodies and industry stakeholders is crucial for the success of the local decommissioning market.
The full version of this study as well as the other reports is available to CODA partner members via the CODA Partner Portal.
