Decommissioning Spending In UK North Sea Hits Record High

Decommissioning Spending In UK North Sea Hits Record High Authored by Michael Kern via OilPrice.com, 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 o...

By Tyler Durden