Decommissioning Insight 2022

with operators on technology workstreams including alternative barrier materials, inspection and verification and enabling technology. TheNorth Sea Transition Authority, as the oil, gas and carbon storage industries regulator, has also included the uptake of well decommissioning technologies as a performance indicator to support the industry’s continuing cost reductions following a 25% reduction since 2017. This report shows that the operating environment for the decommissioning community continues to pose problems. The industry must stay resilient and continue to be innovative and collaborate if it is to realise the sector’s full potential. With the right support from government and action from the operators, the supply chain and academia, the UK has the opportunity to make major gains from decommissioning, as well as retain thousands of jobs in the UK.

For further insights see our OEUK Decommissioning insight dashboard oeuk.org.uk/decommissioning/

Mark Wilson HSE & Operations Director OEUK

DECOMMISSIONING INSIGHT 2022

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