ExxonMobil (NYSE:XOM), operator of the Gippsland Basin Joint Venture, has hired the Helix Q7000 semisubmersible vessel to support decommissioning activities in the Gippsland basin offshore Australia, as ExxonMobil ramps up decommissioning work.
EnQuest (LON: ENQ) has hit a “significant milestone” in its campaign to decommission a decades old North Sea field.
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.
Decom North Sea argues the case for visibility of work for the supply chain, and hints at changes on the horizon for its own organisation.
Denholm Environmental, a subsidiary of Denholm Energy, finished 2022 on a high with dual announcements.
Driven by society’s need to tackle climate change, renewable energy-based power generation is growing exponentially worldwide and especially in Europe where wind power alone now accounts for around 16% of capacity.
A £118,000 a year decom job is up for grabs at the North Sea industry regulator, the NSTA, after a reshuffle of its top team.
Like the rest of the post-pandemic world, the decommissioning sector has faced a blizzard of change in the past few years.
Work is ongoing to pull apart a UK art exhibition, founded on a decommissioned North Sea gas platform.
More than 2,000 North Sea wells are poised to be decommissioned over the next decade, an average of just shy of four a week.
The North Sea Transition Authority (NSTA) has set a new cost target for offshore decommissioning – as the original goal looks set to be missed.
Indonesia’s Pertamina has reportedly successfully decommissioned the Southeast Asian country’s first offshore oil and gas platform in partnership with South Korean companies, according to upstream regulator SKK Migas.
TAQA and Spirit Energy are taking fellow North Sea firm Viaro Energy to court to recover costs linked to decommissioning the Brae oilfield.
There is so much work to be done over the next 10 years in decommissioning that executing it could be a bigger concern than the supply chain having to chase it.
Well-Safe Solutions is at the forefront of the energy transition, with industry-leading well decommissioning expertise and a backlog of work for its bespoke plug and abandonment assets.
Work to break up and recycle a massive vessel, which served the UK North Sea for more than 20 years, has begun in Norway.
After a tough few years for Decom North Sea (DNS), a new leadership team is now ready to give the organisation some deserved “love and attention”.
For the last 50-plus years, the UK’s energy industry has been dominated by oil and gas activity, but as our industry matures, it faces increasing opportunities in decommissioning.
Financial security in relation to decommissioning oil and gas installations has long been a hot topic for our industry.
A reluctance to take a bet on the unknown; it’s a frequent gripe levelled at North Sea operators when it comes to decommissioning.
For the last 50+ years, the UK’s energy industry has been dominated by oil and gas activity, but as our industry matures, it faces increasing opportunities in decommissioning.
What brought that on? My anger with one of the latest “Scotland is now” claims. Issued by Scottish Development International as a Tweet it claims, and I quote: “From wind to wave and hydrogen to solar, Scotland is a global leader in renewable energy”. The associated video itself then goes on to claim that “Scotland’s a leader in hydrogen and fuel cell technologies”.
Global energy consultancy Xodus has added ornithological services to its specialist decommissioning offering.
Operating in more than 65 countries and responsible for billions of barrels in reserves and production, BP’s oil and gas portfolio is formidable. With that come serious commitments and considerations as to what happens to infrastructure at the end of its life.
“In the early 2030s we will have probably removed all of the assets we have operating at the moment,” says David Wilson, decommissioning and projects director at TAQA (ADX: TAQA).