UK’s oil & gas decom cost forecasts drop to around $54 billion
UK’s regulator North Sea Transition Authority (NSTA) has outlined in its new report that the decommissioning cost estimate on the UK Continental Shelf (UKCS) has dropped 25 per cent to £44.5 billion (about $54.2 billion). This cost reduction is equivalent to saving £15 billion (around $18.3 billion). The North Sea Transition Authority’s Decommissioning Cost Estimate Report 2022 highlights […]