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The Independent UK
The Independent UK
National
Neil Pooran

Oil industry will spend £20bn on decommissioning over next decade, say chiefs

PA Archive

More than 2,000 oil and gas wells are expected to be decommissioned in the North Sea over the next decade at a cost of about £20 billion, according to the industry.

A number of decommissioning projects have been brought forward, meaning the cost has increased from an estimated £16.6 billion last year.

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