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We expect hub owners to have an agreed strategic vision for their hub, demonstrating how they will maximise economic recovery over its lifetime.

21/08/2020

An overview of our first ten Stewardship Expectations

Ensuring that decommissioning is carried out in a timely and cost-effective manner not only helps value creation from the UKCS, but also demonstrates industry’s commitment to responsibly managing the UK’s petroleum legacy.

We expect that operators are able to demonstrate an integrated approach to the operation of assets to achieve optimum levels of performance and facilitate the recovery of the maximum value of economically recoverable petroleum