This statistic shows the forecasted costs for oil platform decommissioning in the United Kingdom from 2016 to 2040. The source estimates expenditure to be highest in 2026 and 2033, with a peak of 5.08 billion U.S. dollars forecast to be spent in 2026. By 2040, the source estimates decommissioning expenditure to be decreasing again.
Total oil platform decommissioning expenditure in the United Kingdom (UK) in 2016 and 2017, with a forecast until 2040
Characteristic
Expenditure in billion U.S. dollars
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The source includes costs for Forties pipeline system removal, heavy transport, onshore deconstruction, platform support vessels, substructure removal and well decommissioning in their calculation.
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Statista. (December 7, 2017). Total oil platform decommissioning expenditure in the United Kingdom (UK) in 2016 and 2017, with a forecast until 2040 [Graph]. In Statista. Retrieved July 08, 2024, from https://www.statista.com/statistics/932805/forecast-oil-platform-decommissioning-costs-united-kingdom-uk/
Statista. "Total oil platform decommissioning expenditure in the United Kingdom (UK) in 2016 and 2017, with a forecast until 2040." Chart. December 7, 2017. Statista. Accessed July 08, 2024. https://www.statista.com/statistics/932805/forecast-oil-platform-decommissioning-costs-united-kingdom-uk/
Statista. (2017). Total oil platform decommissioning expenditure in the United Kingdom (UK) in 2016 and 2017, with a forecast until 2040. Statista. Statista Inc.. Accessed: July 08, 2024. https://www.statista.com/statistics/932805/forecast-oil-platform-decommissioning-costs-united-kingdom-uk/
Statista. "Total Oil Platform Decommissioning Expenditure in The United Kingdom (Uk) in 2016 and 2017, with a Forecast until 2040." Statista, Statista Inc., 7 Dec 2017, https://www.statista.com/statistics/932805/forecast-oil-platform-decommissioning-costs-united-kingdom-uk/
Statista, Total oil platform decommissioning expenditure in the United Kingdom (UK) in 2016 and 2017, with a forecast until 2040 Statista, https://www.statista.com/statistics/932805/forecast-oil-platform-decommissioning-costs-united-kingdom-uk/ (last visited July 08, 2024)
Total oil platform decommissioning expenditure in the United Kingdom (UK) in 2016 and 2017, with a forecast until 2040 [Graph], Statista, December 7, 2017. [Online]. Available: https://www.statista.com/statistics/932805/forecast-oil-platform-decommissioning-costs-united-kingdom-uk/
