With investor confidence taking a hit in the aftermath of political and fiscal woes, hydrocarbon exploration in a slump, and supply chain costs likely to rise, a postponement of plug and abandonment (P&A) assignments could hike the UK’s decommissioning bill by $5.5 billion.

North Sea OEUK Westwood Global Energy Yvonne Telford Research Director Offshore Energies Offshore Decommissioning Report Strategy Meanwhi WoodMac Exploration Therefore Based Britain Change View