Offshore and nuclear decom specialists combine forces
Two specialist decommissioning firms - one from the offshore and the other from the nuclear sector - are to work together to share each other's expertise.
decommissioning
Gallery: Work underway with Centrica decommissioning projects
This image shows the Paragon B391 drilling rig leaving Rotterdam as it made its way to Centrica’s decommissioning projects in the southern North Sea gas basin. The photo, which was captured by a drone, shows the rig as it travelled to the site where it will carry out well plugging and abandonment activities on two single-well subsea fields. Paragon will work on the Stamford gas and Rose decommissioning project.
Gulf Marine decommissiong deal is with ConocoPhillips
ConocoPhillips has confirmed it is behind a new contract to support decommissioning activity in the UK North Sea. It was keeping quiet about its involvement on Monday, when Abu Dhabi-based Gulf Marine Services (GMS) said one of its large class advanced self-propelled self-elevating support vessels (SESVs) was moving from well service and maintenance work to help with decommissioning activity this summer. Yesterday, a spokeswoman for Houston-based ConocoPhillips the GMS Endurance, gave more details. She said: “The GMS Endurance is currently on contract to ConocoPhillips UK, carrying out maintenance work in the southern North Sea (SNS). “It will move across to provide support for ongoing decommissioning work at the Viking location later this summer. “ConocoPhillips is currently pursuing a planned and phased decommissioning programme for the southern North Sea. “Our initial focus is on the Viking area, where well plug and abandonment work started last year.” She added: “ConocoPhillips has a number of gas fields in the SNS that are approaching the end of their natural lives.
Peterson to develop decommissioning base
Energy logistics provider Peterson has teamed up with Veolia to develop a £1million decommissioning facility in Great Yarmouth. Peterson was awarded £70,000 from New Anglia LEP’s flagship Growing Business Fund, to help establish the new facility.
Opinion: Realising the recovery value of ageing assets
An ageing asset doesn’t mean unmanageable, unprofitable and inoperable. There is still potential to be realised from the UK Continental Shelf (UKCS), despite the challenges of the current climate. In terms of oil alone, it is estimated that there are around 25billion barrels to be recovered. Global demand for energy continues to escalate and fossil fuels will carry on contributing to the mix. The UK Government is also committed to supporting the sector, as we have seen from the prior administration’s positive response to Sir Ian Wood’s 2014 state of the industry report.
Decommissioning will cost £1.5billion every year for the next decade
Oil and gas operators have forecast decommissioning expenditures will cost £1.5billion every year for the next decade. Oil and Gas UK has launched its annual Decommissioning Insight which is the leading industry forecast for activity and expenditure on the UK Continental Shelf (UKCS).