North Sea decommissioning expansion facing ‘speed bumps’, report finds
The North Sea is unlikely to see rapid growth in decommissioning due to several "speed bumps" slowing the shut down of assets, according to analyst firm Wood Mackenzie.
The North Sea is unlikely to see rapid growth in decommissioning due to several "speed bumps" slowing the shut down of assets, according to analyst firm Wood Mackenzie.
A UK court has dismissed a case against a subsidiary of North Sea oil producer Viaro Energy relating to decommissioning costs for the Brae field.
The North Sea regulator has urged operators to show "commitment" to the UK supply chain to increase local content in decommissioning.
Rising costs meant North Sea operators spent "more money doing less work" on offshore decommissioning in 2023, according to an industry report.
Well decommissioning specialist Well-Safe Solutions has secured two contracts with North Sea operators worth $25 million (£19.8m).
Mammoet has skidded the Brent Charlie topside into place for decommissioning at the Able Seaton Port in Hartlepool.
The North Sea Transition Authority (NSTA) regulator is warning it could soon name and shame operators who fail to meet decommissioning deadlines.
Oil and gas operators will risk facing fines if they continue to miss well decommissioning deadlines, the North Sea Transition Authority (NSTA) has warned.
Shell's Brent Charlie platform has been removed from the North Sea in the end of an era for the iconic oil field, which gave its name to the Brent crude benchmark.
North Sea operator TAQA has ended production at its North Cormorant platform, ahead of its decommissioning after 42 years of operations.
Aberdeen's Cutting Underwater Technologies (CUT) has posted record revenue and project numbers in 2023.
The NSTA has put the increase down to heightened demand for equipment, vessels and services from other regions and sectors, as well as wider inflationary pressures.
Oil and gas industry woes have created a potential skills crisis for North Sea decommissioning, an expert has warned.
The UK shadow energy minister has warned against profiteering from early decommissioning in the North Sea at the expense of achieving the maximum recovery of resources.
Scotland has the opportunity to be at the heart of a $100billion decommissioning industry, more than double the value previously estimated, according to the chairman of the industry body Decom North Sea.
A new multi-million pound investment in the Port of Dundee will prepare the city as the North Sea's decomissioning hub its owners have said.