North Sea to spend £20bn on decom, with 2,000 wells to be plugged over next decade

More than 2,000 North Sea wells are poised to be decommissioned over the next decade, an average of just shy of four a week.

To achieve that feat, the oil and gas industry will need to fork out around £20 billion during that period, according to a new forecast from Offshore Energies UK (OEUK).

Read more here