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Predictable future is vital for decom industry to thrive

These are interesting times for the UK decommissioning sector. There is no doubt we are undergoing a transition.

While new work is being undertaken and is benefiting from the learnings experienced from the growing knowledge base from executed projects, the sector contends with significant challenge as the wider industry landscape continues to throw up uncertainties.

In contrast with 2018-2020, decommissioning plans for 2021 onwards are noticeably less defined, with trending delays suggesting that rather than the previously predicted single peak of activity around 2025, we will see a lower, but fluctuating, level of annual activity until 2030.

Photo Credit: Energy Voice 
https://www.energyvoice.com/oilandgas/decom/195833/predictable-future-is-vital-for-decom-industry-to-thrive/

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