LONDON,
Feb 3 (Reuters) – Oil company Shell intends to start a 10-year process
to dismantle and remove one of Britain’s oldest and biggest oil
platforms, Brent Delta, the company said on Tuesday.
Britain’s North Sea basin is one of the most mature oil and gas
production areas in the world and many of its oldest fields are
approaching the end of their operational life.
Decommissioning about 500 offshore installations and 10,000
kilometres of pipelines is expected to cost 10.4 billion pounds ($15.7
billion) by 2022, according to industry estimates.
Shell has submitted plans to the government to start the
decommissioning process of its old Brent platforms, starting with the
removal of the above-water topside at Brent Delta, the company said on
Tuesday.
Brent Delta stopped producing oil in November 2011 and after several
years of assessing alternative uses for the platform Shell decided
decommissioning was the best way forward.
The remainder of the Brent field, whose platforms Alpha and Bravo
stopped producing oil last November, is expected to be decommissioned in
a second phase. ($1 = 0.6637 pounds) (Reporting by Karolin Schaps;
editing by David Clarke)
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