The offshore oil and gas sector is “ripe” for emerging new decommissioning models, however analysts BCG said they “strongly doubt” some will survive.
Decommissioning services firm Petrodec has completed its second major skidding operation with the Pickerill B topside removal.
Decommissioning specialist Petrodechas completed a skidding operation to remove the Perenco-operated Pickerill A platform in the North Sea.
A group of operators is making progress on plans to work together on the decommissioning of oil and gas infrastructure worth billions of pounds that sits east of Shetland, an industry chief said.
A couple of years ago, outgoing US energy secretary Rick Perry was mocked for a verbal gaffe.
A new decommissioning specialist has been set up which is carrying out work for North Sea operator Perenco in the UK.