Many of the structures producing Oil & Gas have a limited lifespan, often 25-40 years, and an increasing number are due to be taken out of service.
Decommissioning has become a major business within the Oil & Gas industry and is a lengthy and high cost operation. There are a number of different approached to the process of decommissioning, including removal, disposal and re-use, while ensuring the surrounding area isn’t environmentally compromised.
Decommissioning of existing North Sea Oil & Gas facilities is projected to cost £24-36bn over the next 30 years, a fruitful field for specialist companies in the region. Scores of platforms need to be removed, hundreds of wells will be plugged and thousands of kilometres of pipeline decommissioned.
Great Yarmouth has already seen a Leman gas field accommodation block come ashore to a new Veolia and Petersen decommissioning facility.
EEEGR has set up a Decommissioning Special Interest Group in partnership with Decom North Sea aiming to influence and shape the delivery and management of joint activity in the SNS decommissioning sector, and drive supply chain engagement.