UK Offshore Oil Sector Spent $2B+ on Decom in 2022
The UK’s offshore oil and gas industry spent GBP 1.6 billion ($2.03 billion) on decommissioning in 2022. That’s according to a new report on UKCS decommissioning from the North Sea Transition Authority (NSTA) released this week, which highlighted that this is the sector’s highest annual total to date. The report noted that there is “significant […]