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Decommissioning North Sea oil, gas installations to cost $24 billion — industry group
Nov. 23, 2022
Source: World Oil

Decommissioning North Sea oil, gas installations to cost $24 billion — industry group

Offshore Energies UK (OEUK), the leading representative body for the UK’s offshore energy industry, latest insight report forecasts that over two thousand North Sea wells involved in oil and gas extraction will be decommissioned at a cost of around £20 billion ($23.7 billion) over the next decade.

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