28 March 2024
UKCS 2014 decommissioning spend to reach GBP 1 billion - report
Publication date: 10 October 2014
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
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The annual cost of taking down and removing old oil and gas installations in the UK Continental Shelf (UKCS) is expected to reach GBP 1 billion (USD 1.6 billion) for the first time this year, according to a new Decommissioning Insight survey released by Oil & Gas UK (OGUK).