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£10.4bn to be spent on UK decommissioning in next decade:

More than 800 wells are scheduled for plugging and abandonment on the UK Continental Shelf in the next 10 years and total decommissioning spend will be £10.4bn, a survey of operators has found.

Over 2,300km of pipeline, infrastructure from 74 fields, more than 70 subsea projects and over 130 installations…

Decommissioning industry body welcomes increased certainty for sector:

Decom North Sea (DNS), the offshore oil & gas decommissioning forum, has welcomed changes in the Budget that will boost the sector by giving increased certainty, in turn leading to new jobs and investment in new technology..

With annual decommissioning expenditure in the North Sea forecast to top £1billion within…

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