A strategic event for the decommissioning industries, TotalDECOM embraces the complexities experienced across different sectors.
TotalDECOM aims to facilitate cross sector learning, technology and skills transfer and business development opportunities, which will lead to efficient solutions across all sectors faced with a decommissioning responsibility. The following industries are addressed:
Oil and Gas
Decommissioning North Sea oil and gas facilities is projected to cost £40.6 billion over the next 25 years. Whilst this offers significant opportunity, it also places operators and their supply chain under increasing pressure from government to stick to these projections; this can only be achieved by streamlining costs and working collaboratively
A 2012 report from the National Audit Office estimated the total cost of decommissioning the UK’s current nuclear sites at around £100 billion, this is valued at approximately £1.5 billion a year to the supply chain but there is huge pressure from government to reduce this significantly.
The UK's submarine dismantling project is enormous; it will oversee the decommissioning of 27 Royal Navy nuclear submarines by the mid 2030’s. Five UK nuclear facilities have been confirmed as potential sites to store waste from decommissioned nuclear-powered submarines.
TotalDECOM 2016 will address some of the major commercial challenges facing the industry, including project cost reduction, cost estimation, and project management in a changing regulatory environment, which are common problems across the decommissioning industries.