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Decommissioning Asia-Pacific: 600 fields on the front-line


Decommissioning Asia-Pacific: 600 fields on the front-line

Report summary

Wood Mackenzie sheds light on the wave of decommissioning due to hit Asia-Pacific:

  • Decommissioning in Asia-Pacific is a massive challenge – over 600 fields could cease production over the next decade, the majority offshore
  • The first wave will hit Indonesia, Australia, Malaysia and China. NOCs and Majors will be on the front line
  • Many offshore installations are still operating beyond their designed lifespan. The lack of clear regulatory guidance in many countries has delayed end-of-life activities
  • The lack of legislation means timing and cost estimates remain highly uncertain. Governments are becoming more aware of the need to provide clarity
  • Service sector responsiveness, oil price, cost management and environmental considerations will be key factors influencing the pace of decommissioning

What's included?

This report includes 1 file(s)

  • Decommissioning Asia-Pacific - 600 fields on the front-line.pdf PDF - 1.25 MB

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

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  • Decommissioning Asia-Pacific: 600 fields on the front-line

In this report there are 13 tables or charts, including:

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