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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

This Strategy provides the framework for a new approach, which will enable the Authority and industry to improve information quality, coherence, consistency, transparency and help to unlock significant UKCSpotential across the whole oil and gas lifecycle

7 November 2016