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Shell to Dismantle Oil Platform

Shell to Dismantle  Oil PlatformShell to Dismantle  Oil Platform

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, TradeArabia reported. Decommissioning about 500 offshore installations and 10,000 kilometers of pipelines is expected to cost $15.7 billion by 2022, according to industry estimates. Brent Delta stopped producing oil in November 2011.

 

Financialtribune.com