Press Esc to close



For full content view: Log in Now!

  • Decom North Sea pushes decommissioning projects forward

    Brian Nixon

    The 2012 UK national Budget provided the promise of a set level of relief for oil and gas operators, which will assist the whole industry. The changes announced by the UK Treasury in March 2012, regarding tax relief for decommissioning, are expected to provide the certainty of government contribution to each decommissioning project. This should deliver greater assurance over liabilities and help to stimulate late-life acquisition, but it also will give greater confidence to those operators that are approaching the end of economic field life. It is hoped that this announcement will also result in a steadier rate of activity in the North Sea market, provide companies with more confidence, and encourage the pace of investment and innovation within the industry.

This area of the site is restricted. In order to gain access, please either Log In, or subscribe to World Oil.

Two options are available to you for creating an account.

1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.

Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.

Free Trial

2. Purchase a subscription to World Oil magazine and gain immediate and complete access to World Oil Online. As a Total Access subscriber you will have access to all areas of the site available to registered users and free subscribers as well as having access to such premium content areas as:

  • The Archives section containing over ten years of complete magazine archives,
  • The WO DataHub's engineering tables and directories,
  • The World Oil annual forecasts, including past predictions,
  • Select World Oil technical handbooks,
  • And much, much more!


Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.

If you are already a paid subscriber and do not have access, please email



Engineering Data Tables

World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.


2013 Fracturing Technology

2013 Fracturing Technology