Offshore Oil’s $7 Billion Question: Who Pays for Decommissioning?

Capt. John

W&T Offshore, an independent driller operating in the U.S. Gulf of Mexico, has asked a federal judge to block insurance companies’ demands for $250 million in additional collateral for taking apart old oil infrastructure.

Author: Capt. John

https://gcaptain.com/offshore-oils-7-billion-question-who-pays-for-decommissioning/

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