North Sea decommissioning a GBP20 billion opportunity

Oil and gas decommissioning has been a common feature of this publication for many years, although there has often been uncertainty around the size of the market, and the timeline as to when work will arise. Offshore Energies UK (OEUK) has put a figure on the market the North Sea market, stating that decommissioning is a business opportunity worth more than GBP20 billion (USD25.1 billion) over the next decade.