Aberdeen-headquartered Altera Infrastructure has emerged from Chapter 11 bankruptcy, hailing a deal for the Equinor Rosebank oilfield as a “key driver”.
An FPSO for the former BP Foinaven field is now leaving Scottish shores, with residents capturing footage of the ship departing.
Residents in a small village less than a mile from where the Foinaven FPSO is laid up have expressed climate concerns as plumes of black smoke have been seen emanating from it.
The Foinaven FPSO is to be sent to Denmark for decommissioning, Energy Voice understands, as UK yards miss out on the work.
A permanent feature of the West of Shetland for many years, the Foinaven vessel recently left the namesake BP field for the last time.
A decommissioning base on the Clyde has said it is the "ideal location" for break-up of the Foinaven FPSO amid concerns the UK could miss out on the work.
The former production ship for a BP (LON:BP) oilfield in the West of Shetland has arrived at Hunterston for partial decommissioning.
There are concerns for the safety of crew aboard the Foinaven floating production, storage and offloading (FPSO) ship ahead of planned strikes this week.
Workers on a North Sea vessel are poised to down tools next month in a dispute over redundancy packages.
BP has insisted the Foinaven FPSO is being removed in a ‘controlled’ manner after a news article alleged it planned to dump “industrial waste” in a protected area.
Fears have emerged that the Foinaven FPSO will head overseas for decommissioning, having been sold by owner Teekay.
Proposals to decommission the Foinaven floating production storage and offloading (FPSO) vessel have been approved by government.
Aberdeenshire-headquartered offshore services group Altera Infrastructure reported a pre-tax loss of $127 million for 2021, as vessel impairments continue to drag on performance.
A weather warning has forced the down-manning of a North Sea oil platform for the second time in a year, raising worker concerns over its safety.
BP has handed in the decommissioning plan for the Foinaven FPSO in the West of Shetland following a flurry of HSE issues.
Vessel owner-operator Altera Infrastructure was in the black in the first quarter of 2021 after shaking off impairments that blighted its figures a year ago.
“Serious concerns” have been raised after inspectors found multiple “cracks” in the hull of the Foinaven FPSO west of Shetland, amid a catalogue of other safety issues.
An investigation has been launched after a cover hatch failure resulted in a vessel taking on water at a BP-operated field located west of Shetland.
Two vessels were damaged following a “low energy collision” in the North Sea.