"The decommissioning issue has been vexing everyone in the industry for decades." Bryan Cave Leighton Paisner's Conlin does not mince his words on the magnitude of the subject. It touches on "almost every activity, from field development through to M&A and onto the funding of decommissioning security agreements", says Conlin. "And I think it could be a potential opportunity for the UK continental shelf [UKCS] and its supply chain. If you look at the current cost estimates for decommissioning in the basin, it is c.$50bn.
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