Rex Patrick (SA, Independent) Share this | Hansard source

In October last year at estimates I foreshadowed this bungle. I asked NOPSEMA:

What happens if they go into liquidation, so the asset has to be sold off or the company is not able to operate?

…   …   …

The taxpayer now bears the cost. That's ultimately what you're saying is going to happen?

The response from Mr Smith at NOPSEMA was:

We won't be taking anything over. That's not our role.

Yet here we are—the owners of an FPSO and a $300 million bungle. Who got fired, Minister? Who is being held accountable for this?