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Cost estimate - Decommissioning and Repurposing

The North Sea Transition Authority (NSTA) published its Decommissioning Cost and Performance Report on 9 August 2023, showing that the cost estimate for decommissioning remaining oil and gas infrastructure on the UK Continental Shelf is £40 billion.

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Guidance

The NSTA produces a range of guidance documents, to support and assist industry in fulfilling its responsibilities and obligations, to set clear expectations on standards and behaviour, and to help share best practice.

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Exploration and production

We regulate the licensing of exploration and development of the UK’s offshore and onshore (England only) oil and gas resources, gas storage and unloading activities in accordance with the Strategy.