No profit, falling production, inadequate maintenance, a safety plan in limbo and a big clean-up if exploration fails: challenges aplenty at the Canadian company's only offshore facility.
No profit, falling production, inadequate maintenance, a safety plan in limbo and a big clean-up if exploration fails: challenges aplenty at the Canadian company's only offshore facility.
Santos' decommissioning liability matches a quarter of its $22b value, but its disclosures to investors fared poorly against the latest accounting standards, according to an international survey.
WA Department of Energy and Economic Diversification (DEED)
DEED, called the Department of Jobs, Tourism, Science and Innovation until 2025, is the WA Government department responsible for economic development, particualrly the promotion of resource projects. In 2025 it assumed responsibility for energy policy.
Woodside Petroleum needs massive amounts of land for carbon offsets and the WA Government appears to be laying out an exclusive red carpet for the LNG giant.
