Cost of decommissioning UK oil and gas wells in North Sea could reach $23bn

Capt. John

There are more than 2,000 oil and gas wells in the UK sector of the North Sea will need to be decommissioned over the next 10 years, and this could cost around £20bn, according to a report from industry group Offshore Energies UK (OEUK). The UK decommissioning sector was predicted to see a surge in…

https://insurancemarinenews.com/insurance-marine-news/cost-of-decommissioning-uk-oil-and-gas-wells-in-north-sea-could-reach-23bn/

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