Oz government makes 'unprecedented' move with stranded floater

'Wake-up call' for the industry as the government now searches for 'reliable operator' following liquidation of previous owner

Stranded asset: the Australian government has been forced to step in after the operator of the Northern Endeavour FPSO went into liquidation — Stranded asset: the Australian government has been forced to step in after the operator of the Northern Endeavour FPSO went into liquidationPhoto: SMOE/

Josh Lewis

Perth

Timor Sea Keith Pitt Australia NOGA Safety & Environment

Published 14 February 2020, 04:07Updated 14 February 2020, 04:07