£4mn Decommissioning Challenge Fund launched

£4mn of funding to help maximise the economic benefit to Scotland from the decommissioning of North Sea infrastructure was announced by the Scottish Government on 16 July.

The money, which is from the fourth round of the Decommissioning Challenge Fund that was launched in February 2017, adds to the £10mn committed in the first three rounds.

The funds will provide support for projects to enhance the decommissioning market and the supply chain in Scotland.

Minister for Energy, Connectivity and the Islands Paul Wheelhouse, said: “Scotland’s Energy Strategy highlights the significant economic opportunities that decommissioning offers, and commits to enhancing our skills and capacity. As the industry continues to build on established capabilities and internationally recognised expertise, such as in well plugging and abandonment techniques, the fund plays a crucial role in supporting the future development of this growing industry.”

Scottish Government

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