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Asia Pacific decommissioning market worth in excess of $32 Billion USD

Wednesday, Sep 05, 2012

The 4th Offshore Decommissioning Training Workshop, Asia Pacific is the established decommissioning forum for professionals working in the region. The meeting will provide a platform for the key industry decision makers to discuss ways in which they can effectively plan their decommissioning strategies whilst navigating regional regulations to reduce offshore liabilities.

Since the year 2000, over 800 new structures have been installed across the Asia Pacific region bringing the total of offshore structures to almost 1800. With roughly 700 assets coming up to or exceeding the 25 year mark, the decommissioning market presents large liabilities for operators and a huge amount of potential for contractors. Experts predict that the market for decommissioning in the Asia Pacific could be as high as $32 Billion US Dollars.

With groups of attendees already confirmed from many National Oil Companies including Petronas & PTT Exploration and Production as well as regulatory organisations from Indonesia, Thailand, Singapore, New Zealand and the UK; the meeting is seen as the most important in the region to help drive forward decommissioning projects in a safe and cost effective way.

At a time when work is on the horizon and opportunities are vast, 2012’s Training Workshop will be the perfect opportunity for you to gather information from the key operators and regulators driving the decommissioning market forward in the Asia Pacific. You will gain the most up-to-date information as well as best practice techniques from hand-picked decommissioning experts from around the globe!

For further information take a look at the conference brochure: decomworld.com/asiapac/conference-event-brochure

Please note that if you are planning on attending; Friday 7th September marks the end of our Super Early Bird Discount – Register using discount code PRESS100 to receive an extra $100 saving on the advertised prices: decomworld.com/asiapac/register

Dean Murphy
Head of Sector
DecomWorld
+44 (0) 20 7375 7204
dmurphy@decomworld.com

 

Source: Decomworld

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