Latest Decommissioning News

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Pilot Energy has made significant strides in its offshore Perth Basin exploration with environmental approval for a major seismic survey and secured substantial financing to support its ongoing projects and transition to clean energy.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Horizon Oil’s recent acquisition of Thai gas assets and a decade-long permit extension at Maari have propelled production and reserves, underpinning a strong financial quarter and sustained shareholder returns.
Maxwell Dee
Maxwell Dee
30 Oct 2025
Centuria Industrial REIT has secured a landmark 10-year lease with Tesla, delivering a 133% re-leasing spread and deferring redevelopment plans, while pursuing a major data centre expansion in Victoria.
Eva Park
Eva Park
29 Oct 2025
Pilot Energy has locked in a $5.9 million debt facility tied to PRRT refunds, easing upfront funding pressures for decommissioning the Cliff Head oil field through 2027.
Maxwell Dee
Maxwell Dee
17 Oct 2025
Lithium Universe is evaluating a strategic site in Brownsville, Texas, to establish a photovoltaic solar panel recycling facility, complementing its Australian efforts. The move taps into Texas's booming solar market, supportive regulations, and robust industrial infrastructure.
Victor Sage
Victor Sage
2 Oct 2025
Livium Ltd has entered a strategic partnership with South Korea’s Won Kwang S&T to tackle Australia’s growing solar panel waste through phased recycling initiatives, aiming to establish a domestic photovoltaic recycling facility.
Victor Sage
Victor Sage
18 Sept 2025
Verbrec Limited has reported its strongest financial performance in over a decade, with record gross margins and a return to profitability, alongside the reinstatement of dividends. The company is positioning itself for growth in sustainable energy sectors amid a cautious but optimistic outlook for FY2026.
Victor Sage
Victor Sage
1 Sept 2025
Bhagwan Marine Limited has delivered a strong first year as an ASX-listed company with record net revenue and EBITDA growth, alongside its inaugural dividend declaration. The company is advancing growth in offshore energy, subsea, ports, and defence sectors while investing in innovation and fleet expansion.
Victor Sage
Victor Sage
29 Aug 2025
Bhagwan Marine Limited has reported record financial results for FY25, driven by strong growth across its core marine services and new sectors. The company also declared its inaugural fully franked dividend, signaling confidence in its strategic direction.
Victor Sage
Victor Sage
29 Aug 2025
Karoon Energy’s 2025 half-year results reveal a 4% rise in production alongside a significant drop in profits, driven by lower oil prices and increased costs. The company advances key projects and completes its Baúna FPSO acquisition, setting the stage for future growth.
Maxwell Dee
Maxwell Dee
27 Aug 2025
Horizon Oil and its partners have secured a ten-year extension for the Maari oilfield permit in New Zealand, enabling continued production and strategic planning through 2037. This comes as the field hits its highest output in over five years.
Maxwell Dee
Maxwell Dee
27 Aug 2025
Karoon Energy has significantly upgraded its Baúna Project 2P Reserves by 35%, extending the field’s economic life by seven years to 2039, driven by the recent FPSO acquisition and improved reservoir performance.
Maxwell Dee
Maxwell Dee
27 Aug 2025