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HomeAberdeen Business NewsNorth Sea and other UKCS decommissioning costs cut by 25% to £44.5...

North Sea and other UKCS decommissioning costs cut by 25% to £44.5 billion

Aberdeen Business News

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By Maria Walker
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THE COST of decommissioning the UK’s disused offshore oil and gas infrastructure has been cut by 25% in the past five years, according to the latest estimates published today by the North Sea Transition Authority (NSTA). The NSTA’s Decommissioning Cost Estimate Report 2022  highlights how the industry has cut costs from the £59.7 billion estimated in 2017. The latest […] Read MoreAberdeen Business News

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