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Coronavirus

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).

Decom

Supporting net zero – John Lawrie’s mission

05/05/2020

We are proud to be a part of an industry that has evolved considerably over the last 90 years, delivering real economic growth to the UK and worldwide economies whilst making an undeniably positive impact on the environment. As technology has evolved our knowledge, expertise and work ethic continues to play a vital role in the success of metal recycling.

Decom

Video: Well-Safe rig ready for at least another 10 years

21/02/2020

Well-Safe’s chief operating officer Matt Jenkins talks to Energy Voice about the company’s maiden asset, Well-Safe Guardian, during a visit to Nigg Energy Park, where the vessel is being refurbished. Read: Well-Safe ‘actively’ looking at more rigs as maiden purchase gets ready to hit the market