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Repurposing

Repurposing offshore oil and gas infrastructure can reduce waste and accelerate energy transition.

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Supporting the supply chain

A strong supply chain is essential to establish the UK as the ‘go to’ centre globally for offshore mature basin solutions, including energy transition, subsea and decommissioning.

UKCS Decommissioning Cost Estimate 2022

The total estimated cost of decommissioning UKCS upstream oil and gas infrastructure has fallen by a further £1.5bn to £44.5bn, representing an overall decrease of about £15bn (25%) since the baseline forecast and cost reduction target were introduced in 2017