decontamination

Some of the problems with the Decommissioning Market today.

Some of the problems with the Decommissioning Market today.

Having spent last month in South East Asia discussing decommissioning with both Stakeholders and the supply chain but also attending Offshore Europe in Aberdeen, one thing that came to my mind many times was the lack of future clarity.

Malaysia Offshore Decommissioning

The next wave of opportunity for Malaysian oil and gas (O&G) players could be in an unlikely space – decommissioning work.

Some US$100 bil worth of decommissioning jobs are available in the Asia-Pacific region over the next decade. According to research firm Wood Mackenzie, nearly 2,600 platforms and 3,500 wells in more than 380 fields are expected to cease production.