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.
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.