Wireline Issue 47 Spring 2020

Image right : (L-R) OGUK Graduate of the Year Erin Ingram, Apprentice of the Year Ashley Thomas and Mentor of the Year Teresa Waddington

Image below: Delegates attend the Offshore Decommissioning Conference at the Fairmont Hotel, St Andrews.

Decommissioning (OPRED), OGA, Crown Estate, Atkins Global, Chrysaor, Repsol Sinopec — and many more. As Leask noted, a key question during the conference was how the decommissioning sector can respond to the demands of net zero. This informed a series of discussions under the banner of ‘Decommissioning the Future’, with presentations from the National Decommissioning Centre and DNV GL examining the implications that decarbonisation would have.

OGUK decommissioning manager Joe Leask commented: “Decommissioning is not the end of our industry; it offers a new beginning. Four years ago, industry stepped up to the challenge to cut decommissioning costs by 35% and we are well on the way to achieving that. We must apply the same collective determination and pioneering capabilities to deliver the net zero carbon challenge. This includes the re-use of old facilities for carbon capture and storage, presenting new opportunities to generate new value from old assets and help deliver the net zero future that industry has made to commitment to deliver.” Operators across the sector contributed data to the report, which plays a fundamental role in providing market intelligence that highlights predicted activity and cost trends. During the conference attendees heard from representatives for regulators, service providers and operators, including presentations from the Offshore Petroleum Regulator for Environment and

10th Decommissioning

Insight Report launched in St Andrews

Over 450 delegates attended the Offshore Decommissioning Conference, held jointly with Decom North Sea last November in St. Andrews. The event saw the launch of the annual Decommissioning Insight report. Reaching its tenth year of publication, OGUK’s Decommissioning Insight forecasts UK decommissioning activity and expenditure over the next decade, revealing that while activity on the UKCS is expected to increase, expenditure will remain consistent at around £1.5 billion per annum, demonstrating the sector’s improving efficiency performance.

Download the 2019 Decommissioning Insight report via the OGUK website.

OGUK Awards recognise energy transition excellence

Over 550 people gathered at the annual

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