Solution
Centre
Decommissioning
Over the next decade 100 platforms are forecast for complete or partial removal – and close to 7,500 kilometres of pipeline are lined up for decommissioning.
We're focused on four key areas which will support our overall goal of reducing decommissioning costs by 35%.
Late life management
Changing the way we manage infrastructures that are beyond their design life to maximise economic recovery and optimize decommissioning enabling a circular economy.
We're looking to reduce the overall cost by 10%.
Post CoP OPEX reduction
Efficient execution pre-cessation of production (CoP) to minimise or eliminate post CoP OPEX.
We're looking to reduce the overall cost by 20%.
Innovative removal
Industrialising the process of removal and transportation of offshore infrastructure.
We're looking to reduce the overall cost by 20%.
Optimise abandonment
Decommissioning our wells as safely, simply and cheaply as possible.
We're looking to reach a value target 35% of P&A costs.