Decommissioning is the final stage of any oil or gas project and poses significant technical, economic, social and environmental risks. It is a long, costly, and complex process which if not effectively planned, managed, and executed can have disastrous consequences.
With over 95 producing countries, relatively limited experience to date, increasing risks of stranded assets and weak regulatory frameworks, decommissioning is set to become a critical issue – for the industry, governments and citizens.
This toolkit provides guidance to governments on the key issues associated with oil and gas decommissioning and recommendations for effective management.
