UK to spend nearly £15.2 billion on decommissioning North Sea: Report

THE latest 2019 Decommissioning Insight report launched by Oil & Gas UK yesterday, revealed the industry is expected to spend a whopping £15.2 billion (A$28.7 billion) on decommissioning offshore oil fields in the North Sea.

UK to spend nearly £15.2 billion on decommissioning North Sea: Report UK to spend nearly £15.2 billion on decommissioning North Sea: Report UK to spend nearly £15.2 billion on decommissioning North Sea: Report UK to spend nearly £15.2 billion on decommissioning North Sea: Report UK to spend nearly £15.2 billion on decommissioning North Sea: Report

 

OGUK is the trade association and peak body for the whole offshore oil and gas industry in the UK, a not for profit which also conducts regular research alongside its lobbying efforts.