Offshore exploration drilling in Australia slides as majors change focus

Wildcatting mainly relegated to smaller operators as concerns mount over future output

Horizons: the semi-submersible drilling rig MS-1 working offshore Australia. — Horizons: the semi-submersible drilling rig MS-1 working offshore Australia.Photo: CONOCOPHILLIPS

Russell Searancke

Wellington

Australia Asia & Oceania Oceania

Published 9 December 2022, 12:03Updated 9 December 2022, 12:03