Shirley Allen, partner at Pinsent Masons, takes a look at the legal questions surrounding decommissioning and repurposing of North Sea assets.
Industry leaders reflected on a year spent “facing a common enemy” during the closing session of the Oil and Gas UK HSE conference.
New changes for decommissioning tax rules will help end “areas of dispute” between the industry and UK government, according to a leading expert.
Regulators have given oil and gas firm Tailwind Energy the green light to press ahead with its Evelyn project in the UK North Sea.
More than 40 North Sea fields represent a “lost opportunity” for the industry to learn shared decommissioning lessons, according to OPRED.
A tribunal has ruled against Repsol Sinopec Resources UK (RSRUK) in a £5million decision on its North Sea emissions.
Nearly £1 billion worth of security has been squirreled away to protect UK taxpayers from being slapped with excessive decommissioning bills, a UK Government official said.
North Sea operator CNR International has been handed an enforcement notice over an oil spill.
The head of decommissioning at an offshore industry regulator is “worried” some operators lack the appetite to deliver decommissioning.
A UK decommissioning chief has said the rigs-to-reefs concept is a non-starter in British waters.