Well-Safe Solutions, set up by North Sea veterans, expect to create 400 jobs by 2020 as the decommissioning market grows from £800 million in 2014 to £1.1billion in 2015. That’s a 37.5% increase in one year and the market is expected to be worth £17.6 billion by 2025, so you see where their confidence comes from.
I can’t see any details of their pioneering new approach. I don’t suppose they would want their competitors to know but they claim it cuts their costs by 30% over previous methods.
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