The Caithness Business Index has posted the following article:

UKCS Decommissioning Cost Estimate Drops 25% To £44.5bn

Cost reduction estimate is equivalent to £15bn saving. Well decommissioning campaign approach gains traction New target will maintain industry focus on cost-efficiency The cost of decommissioning oil and gas infrastructure has been cut by 25% in the past five years, according to the latest estimates published today. [Read Full Article]