Woodside's plans to convert old offshore oil rig into artificial reef could set precedent for industry

Woodside's plans to convert old offshore oil rig into artificial reef could set precedent for industry

Woodside's plans to convert old offshore oil rig into artificial reef could set precedent for industry By national science, technology and environment reporter Michael Slezak Australia's biggest oil and gas company plans to dump part of an oil rig it failed to properly maintain on the seafloor to create an "artificial reef", less than two kilometres from the Ningaloo Coast Reef World Heritage Area in Western Australia. Key points: - "Rig-to-reef" programs convert parts of decommissioned offshore oil rigs into artificial reefs - They are common in some parts of the world, but Woodside Petroleum's proposal is one of the first in Australia - A legal expert says the "extraordinary" case could set a precedent if approved The proposal from Perth-based oil and gas company Woodside is one of the first of its kind in Australia — but is unlikely to be the last. In plans revealed earlier this year, the company says broken parts of a disused oil rig will form an "artificial reef", improve the environment and generate economic value through recreational fishing. Woodside has preliminary approval from …
More on: www.abc.net.au