Friday, 18 July 2025

Focus on Offshore Energy UK

OEUK’s annual offshore decommissioning report said only 126 wells were decommissioned in 2023 (Andrew Milligan/PA)
BusinessNewsOffshore WindOil

Less offshore energy decommissioning work carried out in UK last year despite higher spend

UK decommissioning spend rose to £1.7bn in 2023, but well closures fell nine per cent, with resource clashes and cost inflation stalling progress.