Decommissioning Spending in UK North Sea Hits Record High
5 Articles
5 Articles
Decommissioning Spending in UK North Sea Hits Record High
Decommissioning remained a major activity across the UK North Sea in 2025, with industry spending hitting a record-high of £2.6 billion, or $3.5 billion, the North Sea industry regulator said in a report on Thursday. Well decommissioning remains the single largest component of forecast decommissioning expenditure on the UK Continental Shelf (UKCS), accounting for around half of expected costs to 2032, the North Sea Transition Authority (NSTA) no…
Expro wins North Sea P&A contract
Expro was awarded a contract by an undisclosed UK operator to support a plug and abandonment campaign across a portfolio of mature subsea wells in the North Sea. The contract covers six firm wells, with a further six optional wells. Expro will provide its 7-3/8-in. large bore Subsea Test Tree Assembly safety system, which offers … The post Expro wins North Sea P&A contract appeared first on Drilling Contractor.
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