Taqa share of decommissioning Brae Area up $352m after Fujairah default
Taqa’s share of the decommissioning bill for the Greater Brae Area (GBA) has increased by more than $350 million after a licence partner defaulted on its liability.
Greater Brae Area (GBA)
Work resumes on giant Brae decommissioning campaign for Taqa
Work has resumed on a huge decommissioning campaign at the Taqa-operated Brae field in the North Sea
Research highlights ‘huge concern’ over oil firms’ ability to pay decommissioning bills
New analysis has outlined “huge concerns” for UK taxpayers around whether oil and gas firms will be able to meet their hefty decommissioning costs, with some rising above their company market values.
RockRose ousted from Brae operator role after partners raise ‘serious concerns’
RockRose Energy has lost control of its only operated platforms in the UK North Sea after three partner companies raised “serious concerns” in court about its ability to run the assets.
Taqa moves to oust RockRose Energy as operator of North Sea hub
RockRose Energy faces being ousted as operator of a North Sea hub as it is today re-admitted to the Stock Exchange.