Decom

Opinion

Curlew – a decom object lesson

10/08/2020

I’m baffled by the Curlew decommissioning saga that will now see the life-expired FPSO be dismantled in Norway rather than via the original arrangement whereby it was to be prepped in Dundee prior to being towed to Turkey for chopping up.

Promoted

Smart Basin: A key tool in energy transition

04/08/2020

Data is key to good decision making in all sectors of industry and society and the Technology Leadership Board Digital Technology Theme highlights the truly disruptive potential of digital technologies. As we move towards a net zero economy, only through exploiting cross sectoral data can we achieve the potential of digital technologies, thereby aiding a smooth and sustainable energy transition. Combining data from the oil and gas and the renewables sectors with the nascent hydrogen and carbon capture and storage (CCS) industries will provide a platform for the best decision making.  At the National Decommissioning Centre (NDC) we are initiating several projects which will help deliver this.

Decom

Is the decommissioning era finally approaching the reverse oil cycle? 

26/06/2020

Against the backdrop of current circumstances in the oil market, it is increasingly hard to predict what the future holds for the decommissioning industry. The oil price will have a significant effect on depleted and marginal fields and may push already conservative profit-making operations into the red. This, combined with COVID-19, has created more of an impasse for the market than arguably seen before.

Opinion

Decommissioning: beyond the challenges of oversupply, pandemic and recession

05/05/2020

After weathering the storm that was the price collapse of 2014, the oil industry has again been hit in recent months by two new blows almost simultaneously: oversupply (caused by the failure of negotiations between Saudi Arabia and Russia to agree on production cuts and the aggressive response of the former); and a demand shock (reflecting the economic impact of the Covid-19 lockdown).