Axis Well Technology, Costain, DNV GL and BMT Cordah have come together for an industry first and created Integrated DECOM, a consortium offering end-to-end oil and gas decommissioning services for the UK continental shelf. It is estimated UK firms will spend £16.9bn ($21bn) over 20 years in decommissioning, with 79 platforms requiring removal and 1,200 wells needing plugging.
Axis Well Technology, Costain, DNV GL and BMT Cordah have come together for an industry first and created Integrated DECOM, a consortium offering end-to-end oil and gas decommissioning services for the UK continental shelf. It is estimated UK firms will spend £16.9bn ($21bn) over the coming decade in decommissioning, with 79 platforms requiring removal and 1,200 wells needing plugging.