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Tag Archives: decommissioning

Who pays for North Sea decommissioning?

Oil Decommissioning

An argument has broken out between Oil and Gas UK – the industry trade body – and an Edinburgh geologist over the future of North Sea oil.  According to Professor Roy Thompson, the end is in sight and: “The UK urgently needs a bold energy transition plan, instead of trusting …

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Maybe it is time to stop polishing

UK oil sunset

Oil and Gas UK – the industry trade body – has its annual report out today.  The report seeks to put a gloss on the future of an industry whose stay of execution is only temporary.  According to Oil and Gas UK: “Almost $6 billion worth of mergers and acquisitions …

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