Canadian Natural Resources has swung to profits of £244million in the third quarter after posting heavy losses earlier in the year due to Covid.
A series of significant milestones - shaping the next generation of deep-water infrastructure developments at Lerwick Harbour - are expanding capability and competitiveness for the offshore decommissioning and renewables industries.
Rystad Energy has argued that decommissioning an oil platform in the North Sea is “twice the cost” of the same job in South East Asia.
The operation to load-in the 14,200 tonne Ninian Northern topside at Lerwick Harbour's Dales Voe Base has been completed successfully.
The largest offshore structure to date to be decommissioned at Lerwick has arrived in Shetland.
The Ninian Northern platform has been removed by Allseas’ Pioneering Spirit vessel in its final decommissioning job this year.
The UK Government has given CNR International's plans for decommissioning the Ninian Northern platform the seal of approval.
The chief executive of Lerwick Port Authority (LPA) has hailed signs of recovery in oil and gas activity as traffic in all sectors increased at Shetland’s main harbour in the first quarter of this year.
Canadian Natural Resources International has outlined plans to boost its international oil output in 2019, driven by drilling programmes in the North Sea and Cote d’Ivoire.
A Canadian oil and gas company has submitted a draft decommissioning programme for a platform on one of the North Sea’s oldest producing fields.