Strengthening the UK’s offshore oil and gas decommissioning industry

Overview

The United Kingdom’s Continental Shelf is one of the world’s more mature petroleum provinces and, despite new developments continuing to come on stream, many assets are inevitably reaching the end of their field lives and will require decommissioning.

Responses to this call for evidence will allow the government, industry and the Oil and Gas Authority to assess the relative strengths of the UK decommissioning industry and provide a strategic and coordinated approach to this phase of the industry’s life cycle. This will help ensure that our supply chain benefits from the global opportunities, which are forecast to be worth $82bn in the top 12 global decommissioning markets over the next 10 years.