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POLICY

Union fires shots at Woodside over decom levy

AUSTRALIAN parliament passed new laws overnight imposing a temporary tax on oil and gas companies to finance decommission costs associated with the abandoned Northern Endeavour FPSO.

Jonathon Davidson
File photo: Woodside's Perth HQ

File photo: Woodside's Perth HQ

The Endeavour, located in the Timor Sea Laminaria-Corallina oil fields, was ditched in 2019 when owner Northern Oil & Gas went under in 2019. It was sold the asset by Woodside.  The levy comes as the...

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