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Decommissioning Strategy May 2021

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.

Cost estimate - Decommissioning and Repurposing

The North Sea Transition Authority (NSTA) published its Decommissioning Cost and Performance Report on 9 August 2023, showing that the cost estimate for decommissioning remaining oil and gas infrastructure on the UK Continental Shelf is £40 billion.