The Australian Government determined that decommissioning is the most effective way to protect the environment from future potential risks.
Decommissioning follows liquidation of the Northern Endeavour’s former owner, the Northern Oil and Gas Australia (NOGA) group of companies.
Costs are being recovered from the oil and gas industry through the Laminaria and Corallina Decommissioning Cost Recovery Levy. The levy ensures taxpayers are not left to pay for decommissioning and remediation.