How to take apart an 18,000-tonne oil platform? Controlled explosives.
An exodus of workers seeking other opportunities is the “number one challenge” facing safety in North Sea decommissioning, according to the industry watchdog.
Treasury documents released last week could spell good news for North Sea decommissioning and CCUS investment, but tax uncertainty remains.
TAQA (ADX: TAQA) intends to cease production from all of its UK North Sea platforms by the end of 2027.
Winners of the OEUK Awards for Excellence in Decommissioning have been announced, with Spirit Energy and Utility ROV services taking top prizes.
Operators are waiting years for decisions on the contentious topic of whether they can leave structures in the sea.
Well-Safe Solutions has signed a global master agreement for its decommissioning services with BP (LON: BP), lasting until at least 2026.
OEUK decommissioning report highlights supply chain crunch between wind installation and removing oil and gas platforms.
The UK “could challenge continental Europe” on heavy lift vessels, trade body OEUK has said, as the North Sea requires a “colossal push” from them.
The global decommissioning landscape within the energy sector has evolved in recent years. Driven by increased decommissioning activity worldwide, heightened environmental awareness, and a desire to reduce costs, there is a growing willingness among operators to engage the supply chain in the decommissioning process earlier and more comprehensively than ever before.
Elemental Energies, the wells specialist which has been on a run of acquisitions, is planning even more growth to meet operator demands.
The UK has seen large-scale decommissioning work go overseas, OEUK’s decommissioning manager Ricky Thomson says firms need to remain “competitive” to win contracts for these “monster platforms.”
Aberdeen-based well decommissioning specialists Well-Safe Solutions have signed an agreement with Spirit Energy, adding another well to its current plug and abandonment campaign.
The decommissioning sector is facing a myriad of challenges including inflationary pressures, skills shortages and a lack of project visibility according to Decom Mission, the Aberdeen-based trade body representing the industry.
Freshly transformed following the exit of former venture partner Sinopec, Repsol Resources UK is looking to the future of its operations in the North Sea.
Plexus Holdings (AIM: POS) has won a £175,000 UK North Sea contract with Neptune Energy.
Amid ongoing uncertainty around tax, inflationary costs and supply chain availability, the North Sea’s regulator has written to operators impressing the need to maintain their commitments with regard to timely well decommissioning.
The UK’s oil and gas regulator is set to face a legal hearing over the disclosure of key documents on the decommissioning of Shell’s Brent oil field in the North Sea.
Aberdeen oil and gas engineering services firm Plexus Holdings has been awarded an equipment contract for a new North Sea plug and abandonment (P&A) project by SLB (NYSE: SLB).
Italian oilfield services firm Saipem (BIT: SPM) has awarded Petrofac a new multi-million-pound deal to support the decommissioning of a platform in the UK sector of the North Sea.
It marks the first major decommissioning contract for Kishorn - once a construction site for oil platforms in the 1970s.
The Perenco SHARP development in the Southern North Sea has been running 18 months behind schedule, a project partner has reported.
Consultancy Elemental Energies has won work to support decommissioning of the TotalEnergies Gryphon field in the North Sea.
Diamond Offshore (NYSE: DO) has announced it has kicked off a new contract in the UK with Repsol Sinopec after its rig was released early last year by Apache.
Subsea services provider DeepOcean has completed a "significant" decommissioning project on the Dunlin Alpha platform.