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North Sea Oil and Gas Decommissioning Costs Could Exceed $74 Billion
Marine robotics companies could reap the benefits as rigs and other seaborne energy extraction infrastructure are removed from service.
By aaking


If the supply chain fails to rapidly prepare, our research clearly shows that the huge amount of decommissioning activity in the North Sea could be dramatically delayed and consequently be more costly. An average £1.58 billion [$2.5 billion] per annum price tag over the next thirty years highlights the potential for the oil services industry – most importantly it could significantly boost the regional economies involved.

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