EOV partners have published a report that takes a holistic approach to offshore energy decommissioning in the North Sea. The report compare how decommissioning is conducted in different industries and answer whether oil and gas decommissioning rules can be readily applied to offshore wind. Furthermore, our research will identify challenges that these two sectors are facing in light of the need for further circularity and sustainability.
Researchers at the Norwegian School of Economics (NHH) and the University of Bergen (UiB) has prepared the report as part of the PRE-DECOR project on Decommissioning Regulation and Contractual Implications of offshore infrastructures, project 321836 - financed by RFFVESTLAND, Regionalt kvalifiseringsprosjekt, part of the Research Council of Norway.
Together with the project partners Western Norway University of Applied Sciences, NORCE Norwegian Research Centre, Ramfjord Technology, Gulen og Masfjord Utvikling, SemcoMaritime and ARISE they had a look into understanding legal and economic aspects in an holistic approach to offshore energy decommissioning in the North Sea.
Report is freely available on this link: https://lnkd.in/dXp2GJYi
Our report takes a holistic approach to offshore energy decommissioning in the North Sea. We study the rules applicable to offshore oil and gas operations and offshore wind. This is a novel approach compared to that of existing literature. This will allow us to compare how decommissioning is conducted in different industries and answer whether oil and gas decommissioning rules can be readily applied to offshore wind., and identify challenges that these two sectors are facing in light of the need for further circularity and sustainability.
Suggested Reference:
Herrera Anchustegui, Ignacio and Eskeland, Gunnar S. and Skjeret, Frode and Melnychenko, Mariia and Lødøen, Jonas William Eikenes and Brown, Henrik Holmen and Lund, Lasse Erik Christian, Understanding Decommissioning of Offshore Infrastructures: A Legal and Economic Appetizer (July 1, 2021). Available at SSRN: https://ssrn.com/abstract=3882821 or http://dx.doi.org/10.2139/ssrn.3882821
Photo credits, University of Bergen, EOV, Pixabay, Jan Arne Wold Statoil,
