With the energy transition in full swing, all oil producing
majors, as well as many States, face mounting pressure from
regulators and investors worldwide to develop clean energy
and divest from fossil fuels. Many are acting accordingly.
At the same time, many fields are coming to the end of their
economic life. The global decommissioning market is ramping
up.
Operators and investors in oil and gas assets can find
themselves unexpectedly at risk, as end of field life becomes
a reality. Practical experience has demonstrated that certain
reoccurring categories of risks exist once the end of field life
becomes a reality.
