Regulators reveal plans to spark first wave of decom in Asia
Dec 14, 2015New rules are being introduced to accelerate decommissioning activity in Asia, national regulators revealed at the Decommissioning and Mature Wells Management Conference in Kuala Lumpur in December.
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Malaysia wants to see 50 wells decommissioned in 2016, with 20-25 firm candidates already slated for either partial decommissioning or suspension, Shahril Mokhtar, a team leader at Malaysia Petroleum Management (MPM), the regulatory body for the country’s oil and gas industry, told the conference.