Artificial Intelligence: the key to successful decommissioning in the North Sea?
COVID-19, a low oil price and an industry facing increased environmental scrutiny has resulted in a turbulent 2020 for the oil and gas sector. As many North Sea fields reach maturity, stakeholders will be carefully considering their options including decommissioning and diversifying the energy mix. The National Decommissioning Centre (NDC) (a partnership between the University of Aberdeen, the Oil & Gas Technology Centre (OGTC), and industry) has said that efficient late-life management and decommissioning of assets is a "societal and economic necessity". Emerging tech and artificial intelligence (AI) can help achieve this. However, the contribution AI and new technology could have on decommissioning cannot be considered in isolation.
Oct-13-2020, 13:35:13 GMT