Decommissioning Insight 2020

Welcome to OGUK’s Decommissioning Insight 2020, which captures a year like no other the industry has ever experienced. The oil and gas sector continues to deal with the effects of COVID-19 and the collapse of commodity prices. Decommissioning has not escaped the impact of such unprecedented conditions. Now in its eleventh year, as the Insight report enters a new decade it will continue to provide a key source of knowledge for the UK decommissioning industry. Its initial aims remain the same as always: enhancing our understanding of the decommissioning market — at home and throughout the wider North Sea — and demonstrating the sector’s unique expertise and capabilities to the world. The report has now widened in scope to incorporate new priorities, in particular industry’s action to accelerate the energy transition and embrace opportunities to support a low-carbon future.