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North Sea, decommissioning: Counting the cost. Petroleum Review April 2007, P. 13

According to Wood Mackenzie's recent report- Decommissioning in the North Sea - the remaining decommissioning expenditure in the North Sea will be around $42bn (in 2007 terms), with the bulk to be spent in Norway (48%) and the UK (40%). Many challenges remain to be overcome, not least resource constraints, and uncertainty still exists surrounding regulation, tax and decommissioning liability rules .
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