Attention to increased risk is critical for safe decommissioning

摘要

With growing emphasis on increasing oil recovery, it is easy to lose sight of the big business of decommissioning. Analysts have predicted that North Sea decommissioning costs over the next 40 years could exceed ￡47.5 billion (US $75.3 billion), and it is estimated that around 150 assets will be decommissioned in the Gulf of Mexico in the next five years.