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Decommissioning & Abandonment – 11 Years in the making

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There is no doubt that the past couple of years have been turbulent for the oil & gas industry, but amongst this ambiguity the decommissioning market strives on.  Through global regulatory uncertainty, capex and opex restrictions and newfound oil price pressure decommissioning spending has continued to rise, with an expected market value of $210 billion by 2040.

This impressive resilience and flexibility of the market has been outlined in DecomWorld’s recent whitepaper: ‘Decommissioning & Abandonment; 11 Years in the Making’, which maps out the market from 2009 to present day. It engages the market across major trends such as hurricane impacts and the ensuing Idle Iron policy, cost estimation and market risk mitigation.

Get your copy of the 8-page whitepaper here >>>

You will receive a historic review of the last 11 years including;

  • Game changing regulatory updates and their impacts on the decommissioning industry: with the controversial NTL 2016-N01 issued in July 2016, get an evaluation of financial assurances and bonding in the GOM along with increases in P&A liability
  • Timeline of the evolution of transformative technology, including ROVs, rigless P&A and crane-based operations and how they have developed over the last 11 years
  • Insight into changes across regulation, insurance and risk management, following the destruction of 183 wells between 2001 and 2011 and how lessons learned from that period can be applied to the present-day industry

 Get your copy of the 8-page whitepaper here >>>

If you have any questions, please do not hesitate to contact me.

Kind Regards,

Kathryn

Kathryn Neri-Steele
Global Project Director | DecomWorld
+44 (0) 20 7422 4377
kathryn@decomworld.com

Download your complimentary copy of the whitepaper here

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