decommissioning

The company is responsible for the safe and secure operation and clean-up of the Sellafield nuclear site

The joint venture will be responsible for the technological development and engineering studies in preparation for decommissioning nuclear reactors that use graphite technology

Decommissioning oil and gas infrastructure now represents nearly a tenth of the oil and gas industry’s overall expenditure and will cost around £15.2 billion over the next decade

It has taken over renewable generation assets from its subsidiary innogy and rival E.ON

The Wylfa Site on Anglesey operated from 1972 until 2015 and generated 232TWh of electricity

Industry reports suggest £15.3bn is forecast to be spent on the UK Continental Shelf until 2027

The company plans to dismantle the Crystal River Nuclear Plant by 2027, rather than the original deadline of 2074

The Sellafield nuclear site is home to one of the most complex portfolios of construction projects in the world

The firm will work for at least seven years to close down the old nuclear reactors at the Scottish site

The acquisition is said to make Chrysaor the largest net oil and gas producer in the UK