Asset Closure And The True Cost Of Late Decisions

23 March 2026

Asset closure is often treated as something to deal with at the end. A single line item. A future problem. Yet time and again, the provisions set aside fall far short of what is required, sometimes by hundreds of millions or even billions.

When closure planning is deferred, options narrow. In part 1 of our Reimagining Asset Closure series, Julian Gould explores why asset closure needs to be part of earlier strategic planning.

Get direct insights on:

Why closure costs are so frequently underestimated
How late-stage decisions drive avoidable financial exposure
The role of boards and senior leaders in challenging closure assumptions
What it means to plan for closure before final investment decisions are locked in
How asset closure can deliver environmental, social or monetary value when approached differently

Watch now to understand how earlier thinking on asset closure can change outcomes at the end of an asset’s life.

Engineers are checking a turbine machine

Explore Nexus Magazine

Asset closure and the true cost of late decisions

Get direct insights on:

Watch now to understand how earlier thinking on asset closure can change outcomes at the end of an asset’s life.

We value your privacy