The Decommissioning Dilemma: The GBP 39 Billion Market Opportunity in the North Sea

July 09, 2019 | Research Report

A significant number of oil and gas assets are approaching maturity and will require decommissioning, with global costs projected to reach $82 billion by 2027. The North Sea represents nearly half of this and has likewise seen the most momentum in terms of technology development and industry collaboration. In this report, we evaluate the decommissioning value chain and identify promising technologies within the innovation landscape. Note: Lux analysts have reviewed this content in the last six months and deemed it still current and relevant. We will continue to periodically review content for recency and relevance, and will either archive or refresh this content as the situation requires. Please reach out to your Customer Success Manager if you have any further questions.


  • Chemicals
  • CPG
  • Government & Non-Profit
  • Industrials
  • Oil and Gas
  • Utilities

Table of Contents

  • Title page
  • Executive Summary
  • Introduction
  • Landscape
  • Analysis
  • Outlook

Lead Analyst

Senior Research Associate

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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