Roadmap as decom becomes ‘critical’ to uncertain North Sea operators
ByAllister Thomas
A global consulting firm has created a “roadmap” for North Sea decommissioning, as operators become “seriously concerned” over its costs.
Boston Consulting Group (BSG) has developed the checklist for oil companies as the Oil and Gas Authority (OGA), seeks to reduce decom costs by 35% to a maximum of £39 billion or less.
The consultants said there is “still a lot of space” to improve on decommissioning techniques and their six “levers” showcase what’s being done by leading operators in the North Sea and Gulf of Mexico.