Energy

DECOMMISSIONING OFFSHORE INSTALLATIONS IN THE OIL AND GAS INDUSTRY

DECOMMISSIONING OFFSHORE INSTALLATIONS IN THE OIL AND GAS INDUSTRY Decommissioning is an integral part of the oil and gas industry operations, where the offshore assets and facilities need to be removed, reused if possible or recycled when they reach the end of their operating life. (Alternative use of the infrastructure may also be evaluated) From a practical perspective, a significant number of installations worldwide are reaching the end of their design life, and while there are some ways to expand their lifecycle...