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North Sea operators warned to step up decommissioning
- Oil and gas companies face a warning for slow decommissioning of North Sea sites. They plan to spend £24bn on decommissioning between 2023 and 2032, up £3bn from last year's forecast.
- As more oil and gas fields close, hundreds of wells must be decommissioned annually. Operators accomplished only 70% of planned well decommissioning last year.
- Regulators are cracking down on operators failing to adhere to decommissioning obligations, aiming to ensure compliance.
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NSTA opens investigation into North Sea well decommissioning delays
Oil and gas operators will risk facing fines if they continue to miss well decommissioning deadlines, the North Sea Transition Authority (NSTA) has warned. The post NSTA opens investigation into North Sea well decommissioning delays appeared first on Energy Voice.
·United Kingdom
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Coverage Details
Total News Sources5
Leaning Left2Leaning Right0Center2Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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