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Industry body Oil & Gas UK has unveiled a new decommissioning team which it says will focus on “providing insight into the shifting decommissioning landscape”.
The new team is comprised of decommissioning consultant Richard Heard, decommissioning business adviser Sam George and decommissioning manager Joe Leask.
“Decommissioning of North Sea oil and gas assets will take place over the next 30 years and more, with new field developments extending this time-line,” Oil & Gas UK Upstream Policy Director, Mike Tholen, said in an organization statement.
“The appointment of this new team bolsters Oil & Gas UK’s already well-established presence in the decommissioning sector and I look forward to the team’s valuable contributions to our calendar of decommissioning activity including our annual decommissioning insight report and decommissioning conference,” he added.
Oil & Gas UK’s new decommissioning manager, Joe Leask, said the new team will be working closely with regulators and the UK and Scottish governments “to develop an efficient, cost-effective decommissioning capability”.
“I’m looking forward to building on the extensive work already undertaken by Richard, who has many years of experience in this area,” Leask said in an organization statement.
“As decommissioning activity is predicted to grow in the maturing North Sea, the UK supply chain has a major opportunity to develop world-class decommissioning capabilities. I’m looking forward to this team playing an integral role in helping our members capitalize on that,” he added.
The decommissioning buy Wellhead market in the North Sea is likely to be worth $2.3 billion (GBP 1.8 billion) per annum on average over the next decade, Oil & Gas UK highlighted.
From 2017 to 2025, decommissioning is forecast to take place on 349 fields across the four regions of the North Sea (Danish Continental Shelf, the Norwegian Continental Shelf, the Dutch Continental Shelf and the UK Continental Shelf) according to Oil & Gas UK’s latest decommissioning insight report.
In June this year, Oil & Gas UK welcomed new representatives from Total and BP to its board. Back in April, the industry body announced that representatives from Aker Solutions, Archer and Azinor Catalyst had joined the board.
Oil & Gas UK describes itself as the leading representative body for the UK offshore oil and gas industry. The not-for-profit organization was established in April 2007.
