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UKCS Decommissioning Cost Estimate 2022

The total estimated cost of decommissioning UKCS upstream oil and gas infrastructure has fallen by a further £1.5bn to £44.5bn, representing an overall decrease of about £15bn (25%) since the baseline forecast and cost reduction target were introduced in 2017

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Supporting the supply chain

A strong supply chain is essential to establish the UK as the ‘go to’ centre globally for offshore mature basin solutions, including energy transition, subsea and decommissioning.

Asset stewardship Benchmarking

Benchmarking is integral to the asset stewardship process and is helping to drive significant performance improvements in cost, production efficiency, wells and project performance and decommissioning.

Energy Pathfinder

Energy Pathfinder (previously known as Oil & Gas Pathfinder) provides real-time visibility of activity for new oil and gas field developments, decommissioning and projects to support the energy transition, for example, carbon capture and storage, on the UKCS.