Exxon sends Zafiro Producer to scrap as it eyes EG exit
Exxon confirmed the move in comments to Energy Voice. It arrived in a yard in Denmark, which can “safely disassemble and recycle the vessel in an environmentally responsible manner”.
Decom
GNPC under fire for PetroSA plans, decom contract
The Prempeh letter was reported as saying that the offer to PetroSA was “scandalous” and that GNPC chairman Freddie Blay should “cease and desist immediately” from such offers. Blay had “totally ignored the wider interests” of Ghana, the minister said.
Seven-figure contract wins start 2023 off with a bang for Decom Engineering
Decom Engineering has kicked off the new year with a stream of global project wins and awards valued in excess of seven figures, as it eyes further growth and recruitment through 2023.
Fitch warns states will shoulder future decom burden
It cited analysis by Boston Consulting Group stating that by 2038 there would be 1,000 offshore structures in the Arabian Gulf that would no longer be economically viable.
Fear that Foinaven FPSO heading ‘anywhere but Scotland’
Fears have emerged that the Foinaven FPSO will head overseas for decommissioning, having been sold by owner Teekay.
Petrofac takes over from Maersk at Tullow decom work
Tullow Oil has chosen Petrofac to carry out well decommissioning offshore Mauritania, replacing Maersk Decom.
Havfram comes back to finish decom work offshore Mauritania
Havfram has won work to decommission subsea facilities at Chinguetti and Banda, offshore Mauritania, from Petronas.
IOCs exiting Nigeria likely to face legal claims over oil damages
Communities considering legal action against majors are likely to accelerate their efforts amid the ongoing wave of divestitures.
Expro completes Mauritania P&A work for Petronas
Expro has completed a plug and abandonment (P&A) contract offshore Mauritania for Petronas.
Is modular engineering design and construction a solution for cost effective global operations?
The UK energy market is transitioning, oil and gas is in slow decline, decommissioning is focussing on single lift solutions and the renewables market is in significant growth mode, albeit very cost driven.
Drilling in April to turnaround Tullow’s tough times
Tullow Oil has reported a post-tax loss of $1.22 billion for 2020, with production to continue sliding in 2020.
Tullow production to fall in 2021
Tullow Oil expects production to continue declining in 2021 as its Ghanaian assets continue to slide.
Oil industry ‘ripe’ for new decommissioning models but some won’t survive, says BCG
The offshore oil and gas sector is “ripe” for emerging new decommissioning models, however analysts BCG said they “strongly doubt” some will survive.
Maersk Decom plans West Africa work
As an up-and-coming area for decommissioning, Africa is following developments in more mature areas, such as the North Sea.