Supply chain innovation key for Western Europe decommissioning
March 7, 2018
Westwood Energy expects about $102 billion to be spent on decommissioning offshore Western Europe between now and 2040.
Westwood Energy expects about $102 billion to be spent on decommissioning offshore Western Europe between now and 2040. In a volatile commodity price environment, the supply chain needs to offer efficient, cost-effective solutions to the operators, while somehow sustaining reasonable profitability.
Westwood estimates around 4.3 MM metric tons of infrastructure will need to be removed through 2040 in the region. There could be demand for innovative approaches to offshore dismantlement delivering increasing amounts of small or mid-size pieces to onshore facilities.
