Over half of oil and gas fields in UK North Sea to cease production by 2030

Decommissioning the UK North Sea’s energy installations could present a £20 billion ($25 billion) business opportunity over the next 20 years, according to a new report.

According to Decommissioning Insight 2023 published by Offshore Energies UK (OEUK), 180 out of 283 active oil and gas fields in the North Sea will have ceased production by 2030.

News article on 23 November 2023 by Xu Yihe from upstreamonline.com


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