Insight
Decommissioning in the UK: the cash flow vs. cost savings operator dilemma
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
As the Oil & Gas sector accelerates its transition into green energy in light of the oil price crash, an estimated £16 billion will be spent on offshore decommissioning in the UK in the coming decade alone. However, with a need for cash flow than ever before, when is the right time to start decommissioning activity and how can costs be planned and managed effectively? In this report, we combine the proprietary datasets and analysis of sister companies, Wood Mackenzie and PowerAdvocate, to focus on the cost of this capital-intensive activity and share our expertise on the savings opportunities that market data brings.
Table of contents
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Executive summary
- Large decommissioning spend is looming
- Cost management is often a challenge
- Material savings can be achieved using the right data
- Savings from long-term planning
- Savings from Live Projects
Tables and charts
This report includes the following images and tables:
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Worldwide decommissioning spendUK decommissioning spend vs capex spendTop 5 decommissioning projects by spend
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Title: Illustrative decommissioning project cost breakdownAggregate cost trend for project A
What's included
This report contains:
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