P&I CLUBS CAN FUND INDEMNITY ON ABANDONED PLATFORMS

Deborah Pretty, Martin Davies Sedgwick Energy Ltd. London The North Sea oil industry is coming under increasing pressure to decide the future of abandoned offshore oil and gas platforms. The British government stated it will not accept reversion of title for abandoned oil fields in the U.K. sector of the North Sea, leaving the burden of responsibility on operating companies. There are two approaches to platform abandonment: dismantling and removal of the entire platform, and partial removal

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Home