Decommissioning of petroleum installations—major policy issues
Journal article, Peer reviewed
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Original versionOsmundsen, P and Tveterås, R. (2003) Decommissioning of petroleum installations—major policy issues. Energy Policy, 31(15), pp. 1579-1588 10.1016/S0301-4215(02)00224-0
Following the Brent Spar controversy, the OSPAR countries reached a unanimous agreement in 1998 for the future rules for disposal of petroleum installations. The vast majority of existing offshore installations will be re-used or returned to shore for recycling or disposal. For installations where there is no generic solution, one should take a case-by-case approach. We provide a survey of international economic and regulatory issues pertaining to disposal of petroleum installations, and provide specific examples by analysing the Norwegian decommissioning policy. Implications of disposal decisions for the fishing industry, a central stakeholder, are analysed.
This is a copy of an article originally published by Elsevier in Energy Policy; see http://www.sciencedirect.com/science/journal/03014215.