Railway tech to save North Sea industry £100m annually in decom costs

Industry news
The travelling block hangs beside drill pipes on the derrick of a drill rig during oil drilling operations by Targin JSC, a unit of Sistema PJSFC, in an oilfield operated by Bashneft PAO near Ufa, Russia, on Thursday, Sept. 29, 2016. Bashneft distributes petroleum products and petrochemicals around the world and in Russia via filling stations. Photographer: Andrey Rudakov/Bloomberg