Business Energy and Industrial Strategy · Awarded contract

Awarded

Scoping Study for UK Ultra-Deep Water Port and Decommissioning Industry

Awarded 12 Aug 2018

View live tenders

Awarded12 Aug 2018

Value£178,160.00

SupplierErnst & Young LLP

AgencyBusiness Energy and Industrial Strategy

RegionUnited Kingdom

CategoryConsultancy & Legal

Ended 7y 12mo ago3mo term

Awarded 12 Aug 2018Expired 9 Nov 2018

About

The Department for Business, Energy and Industrial Strategy awarded a contract to Ernst & Young LLP for a scoping study to appraise the need, potential use, cost/benefit analysis, and locational drivers of a UK ultra-deep water port (UDWP).

The study assessed market conditions and competition, evidence of market failure, and the case for government intervention in a UDWP and multi-use yard, as well as other potential government support for the UK decommissioning industry.

It considered scenarios and sensitivities for the development of the decommissioning industry and their consequences for the benefits of a UDWP and multi-use yard, and examined financing and delivery options and possible forms of government support.

The analysis and final report were intended to inform potential government investment or involvement, support the overall policy framework for North Sea decommissioning, and refine input assumptions regarding onshore oil and gas platform dismantling and recycling.

The contract value was AUD 178,160.

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