Nigeria currently experiences a wave of divestments by international oil companies (IOCs), an increased attention is being directed towards the decommissioning of ageinginfrastructure. This has prompted the urgent need for decommissioning strategies that are efficient, environmentally responsible, and economically viable. As IOCs pull back from onshore and shallow-water fields, the responsibility for managing these assets is increasingly falling to indigenous companies, creating both challenges and opportunities.
Decommissioning is the process of concluding oil and gas operations, both onshore and offshore. It involves the safe dismantling and removal of infrastructure, plugging of wells, and restoring the surrounding environment whether land(onshore), ocean, or seabed(offshore) to its pre-operations condition.