UKCS Decommissioning Cost Estimate 2021

The total cost of decommissioning UKCS offshore oil and gas infrastructure has reduced to £46bn equating to a projected saving of nearly £14bn (23%) since the 2017 cost reduction target
was first established. The substantial saving already achieved is good news for both industry and the Exchequer.

See the full report details on the OGA website and accessible directly via ONEDECOM.

Description

The total cost of decommissioning UKCS offshore oil and gas infrastructure has reduced to £46bn equating to a projected saving of nearly £14bn (23%) since the 2017 cost reduction target
was first established. The substantial saving already achieved is good news for both industry and the Exchequer.

See the full report details on the OGA website and accessible directly via ONEDECOM.