Decommissioning Asia Pacific on a budget
With 35,000 offshore wells, 2,600 platforms representing 7.5 millions of tonnes of steel and over 55,000 kilometres of pipelines, decommissioning offshore Asia-Pacific will be a huge task, potentially costing more than US$100 billion. How can the industry keep a lid on costs and not replicate the mistakes and blow-outs seen elsewhere? We have identified four key areas that will define how costs evolve for operators in Asia Pacific where we see decommissioning on a budget.
Why buy this report?
In our second insight in a series on decommissioning in Asia Pacific, we zoom in on the outlook for costs and share a case study highlighting the process, costs and potential savings involved for operators.
- Discover which four key levers we believe could lead to significant cost reductions in regional decommissioning.
- Find out which operator we believe will set the benchmark for larger-scale decommissioning in the region.
- How should operators go about project managing the task? We identify three possible options. We also highlight the different commercial contract choices available.
- We review the relative merits of emerging technologies and explain why there might be reason to use them over established tech.