Decom cost estimate has fallen 23% to £46bn

by | Jul 7, 2021 | Decommissioning, Maximising Economic Recovery (MER), NSTA, NSTA Strategy, OGA, UK

The Oil and Gas Authority’s (OGA) 2021 Decommissioning Cost Estimate report reveals a fall of over £13bn from the baseline £59.7bn to £46bn, marking steady progress towards the £39bn by end-2022 target called for in the 2017 report.

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Source: OGA.

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