There is more than $50 billion of necessary decommissioning work to be done on Australia’s offshore oil and gas infrastructure, over half of which needs to be started within the next ten years.
NERA launched the Centre of Decommissioning Australia (CODA) in conjunction with industry as an independent centre for decommissioning in Australia. CODA is helping to build an innovative, collaborative and technology-led approach to harness the nation's decommissioning challenge as an economic, environmental and social opportunity.
Built on the foundation of collaboration, CODA connects technology innovators, research organisations and governments to support joint projects, knowledge transfer and innovations.
CODA is dedicated to driving innovation and efficiency of activities and creating long-term local jobs from decommissioning, recycling or repurposing, while also supporting decarbonisation of late-life offshore oil and gas assets.
Through collaborative and coordinated action, CODA aims to:
Report: Offshore Oil and Gas
CODA's series of foundation projects are designed to rapidly accelerate cross-industry understanding of our decommissioning challenge.
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CODA has appointed six industry leaders to form the inaugural Supervisory Committee to bring increased strategic focus and expertise to the efforts to address the challenges and opportunities of decommissioning Australia’s aging oil and gas infrastructure.
Find out more about NERA's collaborative projects and initiatives that are supporting Australia to become a leader in life extension, repurposing and decommissioning here.