Decommissioning Insight 2018

Contents

1

1 Foreword 2 Key Findings

4 6 8

3 Decommissioning in 2018

3.1 3.2 3.3 3.4 4.1 4.2 4.3

Survey Development and Methodology 9

Maturity of Estimates

9

Forecast Expenditure Overview Decommissioning in Context

10 12 16 17 19 22

4 UK Performance Indicators

Expenditure Breakdown Regional Expenditure Delivering Efficiencies

5 Emerging Opportunities - Building an International Business

28

5.1

Supply Chain Experience and Competition

29 30 31 32 33 34 35 36 37 38 42 44 45 48 50 52 54 55 57 58 58 59 61 62 64 64 65

5.2 5.3 5.4 5.5 5.6 6.1 6.2 6.3 6.4

Technology

Knowledge and Skills

Regulation Vision 2035

The UK’s Role in a Global Market

6 The UKCS in Detail

Forecast Decommissioning Activity Expenditure by Scope Element

Well Decommissioning

Topsides and Substructure Removal

7 International Activity

7.1 7.2

Well Decommissioning

Topsides and Substructure Removals

8 The Scope of Decommissioning

8.1 8.2 8.3 8.4 8.5 8.6 8.7 8.8

Operator Project Management

Post-CoP OPEX

Well Decommissioning

Facilities and Pipeline De-Energising

Topsides Preparation Topsides Removal Substructure Removal

Topsides and Substructure Recycling and Disposal

8.9

Subsea Infrastructure

8.10 Site Remediation

8.11 Post-Decommissioning Monitoring

11

9 Glossary

3