Industry tackles offshore decommissioning

Guntis Moritis Production Editor ABOUT THIS REPORT ... This report describes some unresolved issues as well as the lessons learned by the industry in decommissioning offshore oil and gas facilities. As abandonment of depleted fields proceeds in various countries, much fiscal legislation regarding abandonment remains to be written and tested in practice. Also, the industry, as well as governments, continues to seek better and less-costly ways to resolve the often sensitive issues surrounding the abandonment process. A number of issues still remain unresolved concerning the oil and gas industry's plans for decommissioning offshore production equipment, es...

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