Decommissioning Forward Outlook Updated to Enhance Data Quality

The Centre of Decommissioning Australia (CODA) has released the latest update to its Decommissioning Forward Outlook, with a focus on improving data quality, consistency, and usability across the platform.

The update represents a continued refinement of the underlying dataset, strengthening how offshore activities are identified, classified, and presented. Enhancements to the Outlook’s AI capability now support more accurate identification and recognition of offshore activity, improving the overall reliability of the data.

A broader review of the dataset has also been undertaken, addressing duplication, aligning lifecycle stages across projects, and refining activity definitions to better reflect how offshore projects are described in regulatory submissions. This provides a clearer and more consistent view of development, operations, cessation of production, and decommissioning phases.

In parallel, the Outlook is now supported by a rebuilt platform, enabling faster updates and delivering greater granularity across activities and timelines.

CODA acknowledges the ongoing support of rahd·AI in strengthening the foundation of the Outlook. Their contribution continues to support the delivery of a reliable and practical tool for the decommissioning industry.

Jake Stride, rahd·AI CEO and Co-Founder, said:

“A big part of this update was tackling inconsistency in how decommissioning activities are defined and structured across different sources. CODA’s insight into the industry has been key in helping us shape a dataset that better reflects how decommissioning is planned and executed.”

About the Dashboard

The Decommissioning Forward Outlook is a dynamic, interactive online tool providing visibility into Australia’s offshore oil and gas infrastructure. Users can explore asset characteristics across fixed and floating facilities, subsea infrastructure, pipelines, and wells, alongside detailed insights into upcoming decommissioning workload and project timelines.

View the Forward Outlook Dashboard

Bhagwan Marine Advances Decommissioning Strategy with Barrow Island Contract

Leading Australian marine solutions company, Bhagwan Marine Limited (ASX: BWN) (Bhagwan or the Company), is pleased to announce it has been awarded a strategic contract from a major oil & gas client for the removal of oil tanker moorings and navigation buoys at Barrow Island, Western Australia. The contract represents an important entry point into a broader offshore decommissioning program associated with legacy infrastructure in the region.

The scope for the removal of oil tanker moorings and navigation buoys provides Bhagwan with the opportunity to showcase its proven capability, positioning the Company strongly as operators progress subsea and shallow – water decommissioning programs.

The removal methodology being developed has the potential to establish a repeatable solution for the broader nearshore and shallow – water decommissioning infrastructure. Major offshore oil and gas operators have similar legacy infrastructure profiles requiring removal.

Since commercial completion of the TVI project, Bhagwan has continued to build its decommissioning track record through additional support contracts, including Northern Endeavour operations in the Timor Sea together with the Harriet Alpha platform and the Angel platform, both in offshore Western Australia.

As set out in Bhagwan’s Prospectus, decommissioning is expected to become an increasingly important component of Bhagwan’s business.

Bhagwan Marine Founder and Managing Director Loui Kannikoski said: “Over recent years, we have positioned Bhagwan to capture the long – term opportunity emerging in offshore decommissioning across Australia’s Northwest Shelf, Northern Australia basins and the Bass Strait region. This award reinforces that strategy and reflects confidence in our ability to deliver safe, practical and cost – effective solutions in complex environments.”