Find a Barrister

Find an Arbitrator

Generic selectors
Exact matches only
Search in title
Search in content
people

Contact

Contact with chambers should be made through the Practice Management Team. They are happy to discuss client requirements and provide further information on such matters as the expertise and experience of individual members, fees, working practices and languages spoken. We have members able to work in French, German, Italian, Spanish, Dutch, Swedish, Greek and Chinese (Mandarin).

Outside working hours, a member of our team is always available to be contacted on matters of an urgent nature. Contact should be made using the Chambers main number or email.

To contact our Singapore office, please contact our BD Director, Asia, Rachel Foxton. Out of office hours calls will automatically be diverted to our clerking team in London.

London

Twenty Essex Street
London
WC2R 3AL

enquiries@twentyessex.com
t: +44 20 7842 1200
DX 0009 Lond/Chan Lane

Singapore

28 Maxwell Road
#02-03
Maxwell Chambers Suites
Singapore 069120

singapore@twentyessex.com
t: +65 62257230

Contact

Contact with chambers should be made through the Practice Management Team. They are happy to discuss client requirements and provide further information on such matters as the expertise and experience of individual members, fees, working practices and languages spoken. We have members able to work in French, German, Italian, Spanish, Dutch, Swedish, Greek and Chinese (Mandarin).

Outside working hours, a member of our team is always available to be contacted on matters of an urgent nature. Contact should be made using the Chambers main number or email.

To contact our Singapore office, please contact our BD Director, Asia, Rachel Foxton. Out of office hours calls will automatically be diverted to our clerking team in London.

London

Twenty Essex Street
London
WC2R 3AL

enquiries@twentyessex.com
t: +44 20 7842 1200
DX 0009 Lond/Chan Lane

Singapore

28 Maxwell Road
#02-03
Maxwell Chambers Suites
Singapore 069120

singapore@twentyessex.com
t: +65 62257230

11/08/2021

The updated OGA Decommissioning Strategy

Earlier this year, Gordon Nardell QC and Maria Kennedy examined the impact of the statutory OGA Strategy on decommissioning of late-life UKCS assets in our bulletin Offshore decommissioning: Zeroing in on trends and challenges.

In May, the OGA published an updated Decommissioning Strategy, supporting the OGA Strategy and its “Net Zero” Stewardship Expectation 11. The Decommissioning Strategy sets out what is required from infrastructure owners in relation to decommissioning, casting additional light on aspects of the OGA Strategy covered in the April bulletin. In a follow up piece, the same authors summarise the focus areas for the Decommissioning Strategy and offer some key takeaways.

(i) What are the focus areas for the Decommissioning Strategy?

The key objective of the Decommissioning Strategy is to reduce decommissioning cost estimates by 35% by 2022. The OGA aims to do this by focussing on four areas:

1.     Planning for decommissioning;

2.     Commercial transformation;

3.     Supporting energy transition from late life into decommissioning; and

4.     Technology, processes and guidance.

(ii) Planning for decommissioning

The ultimate aim is to drive cost efficiency through effective late-life stewardship and to create a platform for timely delivery. The OGA has now emphasised that continued late-life decommissioning-focused stewardship will require a clear and detailed plan and that infrastructure owners are expected to ensure that they have a clear strategy three to six years before the end of production.

The OGA’s Priority Actions for the period 2021 to 2024 are:

·        Structured engagement with infrastructure owners to ensure plans are being progressed; and

·        Promotion of learning, sharing of knowledge and continuous improvement, capturing and promoting learnings from infrastructure owners and the supply chain, working in collaboration with industry groups including Oil and Gas UK, East of England Energy Group and Decom North Sea to maximise learning.

The Decommissioning Strategy signals the OGA’s concern to avoid lengthy periods of well inactivity pending decommissioning, reminding stakeholders that it will not ordinarily grant a well suspension consent for more than two years.

Read the full article online

 

Read the previous bulletin on offshore decommissioning 

Relevant members
Gordon Nardell QC Maria Kennedy
Share