UK industry will spend £16.6 billion on decommissioning over the next decade as activity rebounds in the wake of the pandemic, according to Oil & Gas UK (OGUK).
Industry workgroup Common Data Access (CDA) has issued new guidance to help operators plan decommissioning work more effectively.
Decommissioning activity in the US Gulf of Mexico exceeded all predictions with more than 200 platforms decommissioned last year, matching the record achieved in 2009. Further robust activity is expected this year and next, according to DecomWorld in its Gulf of Mexico Offshore Decommissioning Report 2012-13.
Oil and Gas UK and Decom North Sea are to open their 2010 Offshore Decommissioning Conference today in the Doubletree by Hilton Hotel at Dunblane, where 190 delegates are booked to attend.
As the UK weathered Arctic conditions last month, the key players in the decommissioning sector gathered in snowy Bergen at the ninth annual conference organised by the Norwegian Petroleum Society. Was the chill at home reflected in the atmosphere inside the conference?