Great Australian Bight: Equinor abandons plans to drill for oil
by Adam Morton Environment editor from Environment | The Guardian on (#4ZTJ2)
Norwegian oil company announces it has scrapped its $200m plan to deepwater drill in Great Australian Bight Marine Park
Norwegian oil giant Equinor has abandoned plans to drill for oil in the Great Australian Bight, declaring the controversial project did not make commercial sense.
The company said on Tuesday it had told federal, South Australian and local authorities it had decided to scrap the $200m project to deepwater drill in the Great Australian Bight Marine Park.
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