Decommissioning
News
August 04, 2022
The forecast fell £1.5 billion to £44.5 billion last year – contributing to a total cut of £15 billion since 2017, when the North Sea Transition Authority introduced a baseline estimate of £59.7 billion and set a target of reducing costs by 35% to £39 billion by end-2022.
News
July 26, 2022
Water management and risk prevention specialist OWM Group has been awarded a two-year framework agreement to provide potable water management products and services to decommissioning specialists Well-Safe Solutions.
News
December 04, 2019
The workscope involved multiple campaigns comprising of preparation, removals of subsea infrastructure and final surveys, along with the management of all recovered waste for processing and safe disposal.
News
November 07, 2019
“Over $26 billion is to be spent on UK decommissioning by 2030,” said Paul Main, a Wood Mackenzie Ltd. analyst focused on the upstream supply chain. By that time, companies will be spending more on removing redundant oil and gas facilities than developing new fields, he said.
News
November 04, 2019
Viewport3 is entering the decom market after securing two pre-removal scanning contracts for North Sea projects with two major operators.
News
October 09, 2019
Universal Subsea's patent-pending Defender subsea isolation cap was successfully installed to the Bulleit subsea well, operated by Talos in the Gulf of Mexico at a water depth of 1,300 feet.
News
October 01, 2019
The decommissioning project comprises seven offshore gas platforms located approximately 135 nautical miles east of Halifax, Nova Scotia, Canada on the edge of the Scotian Shelf.
News
September 02, 2019
Maersk Decom, together with Maersk Supply Service, is project managing the removal, recycling and waste management of subsea infrastructure for Perenco’s Thames field in the UK North Sea.
News
August 16, 2019
Well-Safe Solutions has awarded two multi-million-pound contracts to continue the transformation of the Well-Safe Guardian, the decommissioning company’s first asset, into a bespoke plug and abandonment unit.
News
February 16, 2018
Total E&P Absheron B.V. (Total), acting as operator for and on behalf of a consortium presently composed of Total E&P Absheron B.V. (50%) and Socar Absheron LLC (50%) has tasked HydraWell to execute a part of plug & abandonment campaign at Absheron field, in the Caspian Sea.
News
February 06, 2018
Petrofac has been appointed to provide outsourced well operator services on the next phase of Tullow Oil’s Thames Decommissioning project, following the award of a new multi-million-dollar contract.
News
May 16, 2017
Wood Group has been awarded a contract to support Shell in the decommissioning of their Brent Bravo platform in the North Sea.
News
May 11, 2017
Energy services company Proserv has recently been awarded three contracts worth a combined value of more than $2.5 million for decommissioning work in the Norwegian North Sea.
News
May 08, 2017
InterMoor Ltd, a leading provider of mooring services, foundation solutions, and offshore installations in subsea services group Acteon, has added rigless well abandonment capabilities to its UK-based services.
News
February 24, 2017
Webtool has released a gripping and lifting tool for recovering subsea umbilical and cable for offshore oil & gas and decommissioning projects.
News
February 08, 2017
An extended 60-day public consultation on recommendations to decommission the Brent oil and gas field in the North Sea has begun following submission by Shell UK Limited (“Shell”), the field’s operator, of a comprehensive decommissioning program to the Department for Business, Energy and Industrial Strategy (BEIS).
News
February 07, 2017
Archer Oiltools has launched the SPARTAN plug family, to help operators deliver safer wells, boost operational efficiency and reduce costs.
News
February 01, 2017
Royal Dutch Shell Plc’s $3.8-billion sale of North Sea oil and gas fields creates a model for further transactions in a region where the question of who pays to remove decades-old offshore platforms has been an obstacle for other deals.
News
January 10, 2017
The Veolia and Peterson partnership has been awarded two platform decommissioning contracts for recycling at their facility in Great Yarmouth.
