Fairfield Decom calls it a day blaming market’s ‘discernable gap’ between rhetoric and reality
Integrated decommissioning firm Fairfield Decom has confirmed it has ceased trading with immediate effect.
Oil and Gas Authority (OGA)
A little less noise, a little more signal
The Oil and Gas Authority (OGA) was established in 2015 to maximise economic recovery (MER) from the North Sea. Five years later, it launched its net zero strategy.
Crown Estate launches forum to tackle CCUS, offshore wind space conundrum
A new group has been launched in order to unlock co-location opportunities for offshore wind and carbon capture utilisation and storage (CCUS).
UK decommissioning costs fall to £46billion but OGA warns target could be missed
The cost of decommissioning in the North Sea has fallen to £46billion, however the Oil and Gas Authority (OGA) has warned that a “slowdown” means its target could be missed.
Data collaboration ‘challenging but necessary’ for industry to meet net zero
Collaborating on the collection and use of data is a “challenging” but “necessary” step for the energy sector to reach net zero, an industry event has heard.
‘Traumatic year’ sees North Sea operators hand back up to 1.1bn barrels of oil
North Sea operators have handed back up to 1.1 billion recoverable barrels of oil from UK fields, according to data released by the Oil and Gas Authority (OGA).
OGA opens ‘sanctions investigation’ into North Sea operators failing to collaborate
The Oil and Gas Authority (OGA) has opened an investigation and is threatening sanctions over a commercial dispute which saw North Sea firms failing to collaborate.
Exclusive: End of 12-year ‘eyesore’ on Cromarty Firth as Hutton legs removed
A 20,000-tonne “eyesore” on the Cromarty Firth of more than 12 years is finally being removed as the huge Hutton platform legs are being taken to shore.
Campaigners bring legal challenge to UK Government on North Sea oil plans
Campaigners have brought a legal challenge to the UK Government for supporting plans they claim are “unlawful” for North Sea oil and gas production.
OGA crackdown as number of suspended North Sea wells to double to 1,500
The Oil and Gas Authority (OGA) has forecast that the number of suspended wells in the UK North Sea will surge beyond 1,550 within five years.
OGA delivers decommissioning cost warning with new strategy
The North Sea could face higher decommissioning costs if it doesn’t change its ways of working, the Oil and Gas Authority (OGA) has warned as it sets out its new strategy.
Cluster of North Sea decommissioning contracts on the way
A raft of North Sea decommissioning contracts are on the way from operators including Harbour Energy, Eni, CNOOC, Taqa and more.
Decommissioning: Assets legally fit for repurposing?
Shirley Allen, partner at Pinsent Masons, takes a look at the legal questions surrounding decommissioning and repurposing of North Sea assets.
North Sea flaring falls to lowest level on record
Flaring in the North Sea fell by 22% in 2020 as production facilities cut the overall volume to 33 billion cubic feet (bcf).
UK oil industry moves to address ‘gap’ in climate reporting
The UK oil and gas sector has announced a move to address a “gap” in investor expectations for climate-related reporting.
OGA launches full investigation into possible licence breach
The Oil and Gas Authority (OGA) has opened an investigation into a possible licence breach.
OGA revised strategy comes into force
The Oil and Gas Authority’s revised strategy, which puts a range of net zero obligations on the sector, has come into force.
Greenpeace investigation names worst companies for flaring in UK North Sea
A Greenpeace investigation has named the five worst firms for flaring and venting in the UK North Sea, emitting nearly 20million tonnes of CO2 equivalent between 2015-2019.
Premier Oil moves Tolmount East timeline
Premier Oil has pushed back the timeline for sanctioning its Tolmount East development in the North Sea.
‘Serious intent’ to get major west of Shetland oil projects to net zero – Orion
West of Shetland operators are working with “serious intent” to get huge new oil projects “to a net zero outcome”, according to the head of a major clean energy scheme on the islands.
Long-awaited UK Government decommissioning paper lacks clarity on key issues
A long-awaited UK Government paper into oil and gas decommissioning lacks clarity on certain key areas, a trade body has said.
OGA press man wins £40,000 on ‘Beat the Chasers’
An Oil and Gas Authority (OGA) press officer “Beat the Chasers” on last night's show to win £40,000.
Spirit Energy sets April target for York life extension project
Spirit Energy has set out an April target for first gas for its York life extension project.
Oil veteran Gunther Newcombe recognised in New Year Honours list
Oil industry stalwart Gunther Newcombe has been recognised in the Queen’s New Year Honours list.
Operators put off decommissioning North Sea wells for more than 50 years
New figures have revealed that some North Sea operators have put off decommissioning oil and gas wells for more than 50 years.