As COP26 draws to a close today and Glasgow bids farewell to international leaders, business leaders and global environmental campaigners, we have to hope that the commitments made over the last two weeks will be delivered in full (or exceeded) and to the agreed timescales.
South East Asia
Rystad Energy has argued that decommissioning an oil platform in the North Sea is “twice the cost” of the same job in South East Asia.
Eni has confirmed the presence of a giant gas and condensate field in Block 114 in the Song Hong Basin off Vietnam.
The managing director of a new Aberdeenshire-based decommissioning business has said he has already received interest from south-east Asia in the weeks-old venture.
Weir Group's oil and gas business has bought KOP Surface Products for $114million.