Energy Decommissioning – What’s The Damage

• FOIL
• FOIL select
• London FOIL
• TIPs

This roundtable event was hosted by the FOIL Energy SFT and was led by Gary Mawditt of Matthews Daniel. This covers a whole range of activities from beaching ships in the far east to toppling rigs to promote reefs in Australia, but also covers the heavily regulated decommissioning of oil and gas installations in the North Sea. These must be removed at the end of life and the seabed returned to its natural condition. While operators have been removing platforms from their fields for years, decommissioning is a relatively immature industry in the UK, as reserves are depleted and infrastructure reaches the end of its operational life and options for late life extensions are exhausted or no longer commercially viable.