NSTA opens investigation into North Sea well decommissioning delays
Oil and gas operators will risk facing fines if they continue to miss well decommissioning deadlines, the North Sea Transition Authority (NSTA) has warned.
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.