politics

North Sea oil producers told to speed up well closures

NSTA has fined one company more than £16mn this year and vows to enforce deadlines

North Sea oil producers told to speed up well closures

TL;DR

  • The NSTA has fined a company over £16 million this year.
  • The agency is committed to enforcing deadlines for well closures.
  • This highlights a stricter approach to decommissioning in the North Sea.