Thanks for addressing the subject in a sensible manner dex.
Perhaps your on to something, but just what did these oil & gas companies willingly sign up too, in terms of decommissioning?
Its just possible the steel off the northwest shelf, could be recycled, if the chinese steel plant goes ahead, and they switch to a Electric Arc furnace.
Raider
According to NOPSEMA’s guidelines, the full removal of all property is the “base case” when offshore oil and gas infrastructure is decommissioned. Exceptions can only apply when companies can demonstrate that an alternative to full removal can lead to “equal or better environmental outcomes”.
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