The company’s chief executive Meg O’Neill wants the federal government to overhaul its environmental approval process for offshore gas developments.
Woodside chief executive Meg O’Neill has called for the federal government to urgently overhaul its environmental approval process for offshore gas developments, weeks after the energy major lost a court battle to perform seismic blasting off the West Australian coast.
In September, the Federal Court ruled that the offshore environment regulator should not have approved Woodside’s plans to conduct seismic testing for its Scarborough gas development. The court foundMardudhunera woman Raelene Cooper, a traditional owner of the area. However, Woodside has yet to receive environmental approval for any of its plans for other more critical parts of the project, including drilling, installing a giant floating facility and laying a pipeline to shore.Without regulatory change, Woodside could suffer the same fate as rival Santos, which was the first to be affected by legal action over consultation with Indigenous people., forcing an expensive drilling rig to lie idle ever since.
Madeleine King says the oil and gas sector needs to build respectful relationships with First Nations communities.Woodside’s bottom line is exposed to any delays to Scarborough. The company has agreed to compensate US-based Global Infrastructure Fund – which owns a 50 per cent stake in the expansion of Woodside Pluto LNG plant – under certain circumstances if production at Scarborough is delayed.
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