Opinion: Decom Mission gathering pace alongside energy transition
The energy industry continues to develop at pace, and that’s reflected by Decom Mission activity and that of our members.
Decom
Democrats tackle Diversified over decommissioning challenge
Citing its analysis, the letter said it was “highly unlikely” that Diversified would "have adequate funds to clean up all of its marginal wells when they should be retired”. Failing to account for costs on these wells could lead to thousands of orphaned wells.
Decommissioning: The Gulf of Mexico’s $30bn unplugged oil well problem
In the US waters of the Gulf of Mexico alone, there are 14,000 unplugged, non-producing offshore oil wells, according to a new study, which could cost $30bn to decommission.
Petrofac lands ‘sizeable decommissioning’ contract offshore Gulf of Mexico
Energy services giant Petrofac (LON: PFC) and Promethean Decommissioning Company (PDC) have formed an alliance to decommission three fields offshore Gulf of Mexico.
Helix using North Sea expertise to deliver decom on both sides of the pond
With a foot on either side of the Atlantic, Helix Energy Solutions has a good vantage point from which to cast a view across the global oil and gas market.
BW sends Brazilian FPSO to Indian yard for scrap
BW Offshore has signed a deal to recycle its BW Cidade de São Vicente at a yard in India, in compliance with the Hong Kong International Convention.
Apache Corp takes £326million decommissioning hit over long-sold Gulf of Mexico assets
Apache Corporation has taken a hit of £326million ($446m) over decommissioning costs for Gulf of Mexico oil and gas assets it sold nearly a decade ago.