North Sea decommissioning is estimated at £46billion and the regulator recently warned that the industry may fall short of its cost cutting target. However, "groundbreaking” deals are emerging which could make significant headway.
Well-Safe Solutions has bagged a second decommissioning contract for the Well-Safe Guardian in less that a month.
Well-Safe Solutions has landed a “groundbreaking” decommissioning campaign contract with Repsol Sinopec in the UK North Sea.
Celebrity chef Nick Nairn is making a trip offshore to showcase his cooking skills to the crew of a North Sea oil rig.
Well-Safe Solutions bosses have said higher oil prices, an easing of the pandemic and careful management of the firm’s cost base have positioned it to take advantage of an upturn in decommissioning activity.
A North Sea oil rig has played a role in bringing Marvel’s new movie Black Widow to life.
Heerema, owner of the world’s largest offshore crane vessels, has said squeezed prices have made a “very difficult business case” for the decommissioning market.
A pulsating task filmed on an oil rig in the Highlands for a hardcore reality TV series will hit the small screen soon.
Orca Oceanic Systems has opened a new base at the site of the mothballed manufacturer Burntisland Fabrication (Bi-Fab) thanks to a contract win with Well-Safe Solutions.
Serial entrepreneur Mark Patterson is preparing to launch a "major fundraising exercise" for his new mobile green battery business.
The newly-refurbished Well-Safe Protector rig has arrived at Invergordon to get it ready for work in the decommissioning market.
The offshore oil and gas sector is “ripe” for emerging new decommissioning models, however analysts BCG said they “strongly doubt” some will survive.
Serial entrepreneur Mark Patterson has recruited sons Harry and Philip into a fledgling family firm focused on low carbon and support for distressed businesses.
Oil and gas decommissioning firm Well-Safe Solutions has secured a £26 million investment to fund the next phase of its growth plan.
Well-Safe Solutions has welcomed its newly-acquired Well-Safe Protector rig to a yard in Norway ahead of its move to the UK.
Oil and gas decommissioning firm Well-Safe Solutions has acquired a second rig in a move it claims will spark the creation of about 100 new jobs.
An RNLI crew was called out to rescue two people who became “stranded” on the anchor chain of a Cromarty Firth oil rig on Friday evening.
North Sea rig crews have kept up the weekly tradition of clapping for the NHS and other key workers amid the Covid-19 pandemic.
Well-Safe’s chief operating officer Matt Jenkins talks to Energy Voice about the company’s maiden asset, Well-Safe Guardian, during a visit to Nigg Energy Park, where the vessel is being refurbished. Read: Well-Safe ‘actively’ looking at more rigs as maiden purchase gets ready to hit the market
Scottish oil and gas decommissioning firm Well-Safe Solutions is “actively” looking at additional rigs to buy once it seals a maiden gig for the first vessel in its fleet.
A former contracts specialist who has published a North Sea-based novel said she “just bought a laptop and started writing” after quitting her job in the wake of the oil downturn.
An initiative by three companies involved in the repair and upgrade of the Well-Safe Guardian rig at Nigg Energy Park has brought a £6,000 windfall for a trio of charities.
A fledgling plug and abandonment firm which recently received a £66 million investment has said it “expected” its £2.7m loss.
The founder of north-east decommissioning firm Well-Safe Solutions is to step down following a £66 million investment in the business.
About 100 new jobs will be created across two North of Scotland energy service companies after they were awarded multi-million pound deals to refurbish a rig.