By 2040, more than 2500 offshore oil and gas structures will cease operations globally, and will require decommissioning at a cost of up to US$13 billion per year. In Australian waters alone, there is an estimated 8160km of pipelines, 1500km of umbilicals, 1000 subsea wells, 57 platforms and 500 other structures.
To remove or not to remove?
News article on 21 July 2022 from aims.gov.au
For further reading, please visit aims.gov.au >> Decommissioning – Supporting decision-making around the decommissioning of oil and gas infrastructure