Page 40: of Marine News Magazine (November 2018)

GULF COAST: OFFSHORE ENERGY “Nowadays, companies looking to decommission a structure want to be seen as a responsible and ‘good’ business. Oil companies’ reputation is now uppermost. Lessons have been learned from experience around the world and with a strong and vigilant environmental lobby, companies are approaching the process very differently.” – Alan Clifton, LOC’s Operations Director certain. In common with operators all around the world, the exact decision to decommission depends on many variables – with the price of oil worldwide, the price and availability of oil and gas from onshore fracking, and in- creasingly stringent regulations – all in