decommissioning

Opinion

Curlew – a decom object lesson

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

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? 

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.