In order, here is a breakdown of how our audience responded:
- Regulatory complexity and permitting delays: 26.26%
- Budgeting, cost control and funding mechanisms: 22.09%
- Long-term liability and financial assurance: 17.44%
- Safe and cost-effective structure removal: 12.79%
- Environmental and marine ecosystem impacts: 11.63%
- Repurposing assets for alternative uses (e.g., CCS, wind, reefs): 6.98%
- Decisions on full versus partial removal: 5.81%
- Stakeholder alignment and public perception: 0%
Poll participants represented both major and independent oil and gas companies, national/state oil companies as well as consulting companies, drilling contractors and EPC firms, among others. For example, some of the respondents were from Qatar Energy, Tidewater, Shell, Crowley, Eni and Baker Hughes, to name a few.
Offshore is an international resource for the offshore energy industry; therefore, poll participants hailed from all across the globe. The majority of respondents (42%) were from the US, with participation also coming in from Brazil (10%), the UK (8%), the Netherlands (6%) and India (6%). A smaller number of individuals were based in Singapore, Qatar and Malaysia (3% each) as well as Mexico and Canada (2% each).
The poll was featured in the Offshore Daily e-newsletter, promoted on Offshore's website and shared across Offshore's social media channels for nearly two weeks in late July.