Oil and Gas Decommissioning | Decom North Sea

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Is the decommissioning era finally approaching the reverse oil cycle?

Opinion by: Alan Clifton and Brian Jones

Against the backdrop of current circumstances in the oil market, it is increasingly hard to predict what the future holds for the decommissioning industry. The oil price will have a significant effect on depleted and marginal fields and may push already conservative profit-making operations into the red. This, combined with COVID-19, has created more of an impasse for the market than arguably seen before.


https://www.energyvoice.com/oilandgas/decom/248522/is-the-decommissioning-era-finally-approaching-the-reverse-oil-cycle-articleisfree/
Photo Credit: Energy Voice 

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