Decommissioning Insight 2017

Supply chain c must be able t in a global ma for decommi contracts on efficiency a on the Norwegian Continental Shelf per y £650 – £800 millio total on the Dutch Continental Shelf

£1.7 – £2 billion on the UK Continental Shelf per year £400 – £800 million on the Norwegian Continental Shelf per year £650 – £800 million Forecast decommissioning expenditure over the next five years:

DECOMMISSIONING INSIGHT 2017

4. Forecast Activity Across the North Sea

In Summary T he Decommissioning Insight 2017 Continental Shelves. Forecasts are provided for the period 2017 to 2025 to give a comprehensive picture of forthcoming activity, enabling operators and the supply chain to plan for decommissioning in the most cost-effective way. Close to 2,500 wells are expected to be plugged and abandoned across the North Sea by 2025, with more than two-thirds in the UK. Around 200 platforms are forecast for complete or partial removal, with just under half in the UK sector. On the seabed, there is an extensive network of pipelines and other subsea infrastructure that will eventually need to be decommissioned. After depressurisation and the removal of hydrocarbons, current forecasts suggest around 7,800 kilometres of pipeline could be decommissioned by 2025. The timing of this activity is inherently uncertain and could be pushed out as the industry strives to maximise economic recovery. £1.7 – £2 billion on the UK Continental Shelf per year £400 – £800 milli n on the Norwegian Continental Shelf per year £650 – £800 million total on the Dutch Continental Shelf Decommissioning Infographics – Facts and Figures, November 2017 Forecast decommissioning expenditure over the next five years: Decommissioning activity is forecast on 349 fields across the UK, Norwegian, Danish and Dutch Continental Shelves to 2025 provides the first joint activity forecast for four regions of the North Sea: the UK, Norwegian, Danish and Dutch

Decommissioning activity is forecast on 349 fields across the UK, Norwegian, Danish nd Dutch Continental Shelves to 2025

Supply chain companies must be able to compete in a global marketplace for decommissioning contracts on quality, efficiency and cost

total on the Dutch Continental Shelf

Over 200 platforms are expected to be removed in the North Sea from 2017 to 2025 The Oil and Gas Autho ity is targeting a 35% reduction in UKCS decommissioning costs by 2035 are forecast to be plugged and abandoned across the North Sea up to 2025, with more than two-thirds in the UK Operators forecast that total decommissioning spend in the UK Continental Shelf will be £17 billion between 2017 and 2025 Almost 2,500 wells

are forecast to be plugged and abandoned across the North Sea up to 2025, with more than two-thirds in the UK Operators forecast that total decommissioning spend in the UK Continental Shelf will be £17 billion between 2017 and 2025 Almost 2,500 wells

Decommissioning activity is forecast on 349 fields across the UK, Norwegian, Danish and Dutch Continental Shelves to 2025

Operators forecast that total decommissioning

The average forecast

The Oil and Gas Authority is targeting a

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