Delays in plug & abandonment work may put $5.5 billion on UK decom tab
With investor confidence taking a hit in the aftermath of political and fiscal woes, hydrocarbon exploration in a slump, and supply chain costs likely to rise, a postponement of plug and abandonment (P&A) assignments could hike the UK’s decommissioning bill by $5.5 billion. The post Delays in plug & abandonment work may put $5.5 billion on UK decom tab appeared first on Offshore Energy.
With investor confidence taking a hit in the aftermath of political and fiscal woes, hydrocarbon exploration in a slump, and supply chain costs likely to rise, a postponement of plug and abandonment (P&A) assignments could hike the UK’s decommissioning bill by $5.5 billion.
The post Delays in plug & abandonment work may put $5.5 billion on UK decom tab appeared first on Offshore Energy.
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