Verbrec is proud to announce its partnership with the Centre of Decommissioning Australia (CODA), a national industry body driving sustainable and collaborative decommissioning solutions across the country’s energy sector.
This strategic alliance underscores Verbrec’s ongoing commitment to engineering excellence, environmental stewardship, and supporting clients through the evolving energy transition. With an estimated $40.5 billion worth of offshore oil and gas infrastructure due for decommissioning over the next 50 years, more than half of which will need to commence within the next decade, this partnership couldn’t come at a more critical time.
A Shared Mission: Redefining End-of-Life Asset Strategies
Through this partnership, Verbrec and CODA will work together to help the energy sector rethink how assets are managed in their late-life and decommissioning phases.
CODA’s mission to foster safe, efficient, and environmentally responsible approaches, while building a world-class decommissioning industry that serves both local and international markets, aligns seamlessly with Verbrec’s technical capabilities and hands-on project experience across Australia and New Zealand.
Key collaboration areas include:
- Late-life asset management: Evaluating repurposing opportunities for mature infrastructure, particularly for Carbon Capture, Utilisation and Storage (CCUS).
- Engineering decommissioning phases: Delivering safe, technically sound, and environmentally sensitive decommissioning outcomes.
- Circular economy application: Maximising material recovery and reuse to minimise waste and carbon footprint.
- Thought leadership and knowledge sharing: Contributing engineering expertise to national conversations on best practices and policy.
As CODA continues to bring industry, government and research organisations together to create a sustainable decommissioning ecosystem, we’re excited to add our voice and capability to the conversation.
Our focus is not just on responsibly retiring assets, but transforming them into platforms for innovation, carbon reduction, and long-term value creation.
