Decom costs US$100B

THE mammoth task of decommissioning 2600-odd platforms and 35,000 wells could cost over US$100 billion according to Wood Mackenzie's latest analysis, decommissioning Asia Pacific's offshore assets, but it says there could some cost savings to be shaken loose.

Decom costs US$100B Decom costs US$100B Decom costs US$100B Decom costs US$100B Decom costs US$100B
 
 
 
Wood Mac analyst Jean-Baptiste Berchoteau found that government regulations and a general lack of experience in the region could mean a steep learning curve with high initial