CessCon Decom breaks ground on Brunei decommissioning yard
Scottish oil and gas removals firm CessCon Decom has broken ground on its Brunei decommissioning and marine maintenance facility, which is set to launch in 2025.
Decom
AF Offshore Decom teams up with Sapura in APAC entry
Sapura Energy and Norway’s AF Offshore Decom have launched a new decommissioning venture, Kitar Solutions.
Aberdeen’s Cutting Underwater Technologies toasts record year in 2023
Aberdeen's Cutting Underwater Technologies (CUT) has posted record revenue and project numbers in 2023.
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.
Brent decommissioning: End of an era ‘quickly approaching’
With the Charlie platform being the only installation still in the famous Brent field, Shell’s (LON: SHEL) decommissioning construction manager says, “the end of an era is now quickly approaching".
Seven-figure contract wins start 2023 off with a bang for Decom Engineering
Decom Engineering has kicked off the new year with a stream of global project wins and awards valued in excess of seven figures, as it eyes further growth and recruitment through 2023.
Indonesia’s Pertamina agrees rig-to-reef pilot with South Korea’s KHAN
Indonesia’s national oil company Pertamina has signed an agreement on a joint rig-to-reef pilot project with South Korea’s KHAN covering the Attaka offshore blocks in East Kalimantan, Indonesia.
Ninian Northern deepwater coral discovery rekindles rigs to reefs debate
A discovery of “deepwater coral” on the legs of the Ninian Northern platform has rekindled a debate on whether oil installations should be fully removed from the seabed.
Yinson wins BP option for FPSO deployment in Angola
BP has signed an exclusive option with Yinson for an FSPO to work on the proposed PAJ project, in Angola’s Block 31.
Scotland’s CessCon Decom forges new Southeast Asia unit in Brunei
Scottish firm CessCon Decom has announced the creation of a new joint venture company, Anson International, based in Brunei, as it looks to capitalise on a wave of work across the region.
Bayu Undan decommissioning this year as Santos accelerates giant CCS plan offshore East Timor
Australian operator Santos (ASX:STO) is preparing to decommission the floating storage and offloading (FSO) facility, as well as platforms, at Bayu Undan offshore East Timor, as soon as possible, as it accelerates plans for a giant carbon capture and storage (CCS) hub at the mature field.
Petrofac wins decom contract for Australia’s Northern Endeavour
Petrofac has secured a contract from the Australian Government to carry out the first phase of decommissioning work on the Northern Endeavour.
Xodus wins Australian decommissioning study
Energy consultancy Xodus has been awarded the Rigid Pipeline Non-Metallic Component Characterisation study by NERA as part of National Energy Resources Australia's (NERA’s) National Decommissioning Research Initiative (NDRI).
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.
Clock ticking for PTTEP after signing Erawan pacts with Chevron as gas market worsens
PTT Exploration & Production (PTTEP) (BKK:PTTEP) will be able to access the Chevron-operated Erawan gas field offshore Thailand ahead of a transition in 2022 after the pair signed three agreements designed to smooth the handover process following a bitter dispute.
Australia needs help as massive decommissioning journey starts
Australia needs outside help and equipment as it starts a mega offshore decommissioning journey that is expected to cost more than A$50 billion (£27 billion). Significantly, companies with North Sea experience look set to play a pivotal role as the market evolves.
Aussie decommissioning hub gets strategic leadership boost
Centre of Decommissioning Australia (CODA) has appointed its inaugural supervisory committee to boost its strategic focus and expertise as it tackles the challenges and opportunities of decommissioning Australia’s ageing oil and gas infrastructure.
Koreans eye Indonesia offshore decommissioning market
Korean firm Samin MTS is teaming up with Pertamina offshoot Elnusa (IDX:ELSA) to tap Indonesia’s giant offshore decommissioning wave.
BHP decommissioning bill pegged at $3.9bn
BHP Group will transfer some $3.9 billion worth of oil and gas decommissioning liabilities to Woodside if the pair’s merger goes through successfully. The liability is much smaller than expected helping to ease investor concerns at Woodside.
Santos and East Timor sign pact for potential $1.6bn CCS scheme at Bayu Undan
Australia’s Santos today announced that it has signed a memorandum of understanding (MoU) with East Timor’s regulator ANPM to progress a carbon capture and storage (CCS) project, estimated to cost $1.6 billion, at the ageing Bayu Undan field in the Timor Sea. But low returns and high complexity threaten the viability of the proposed scheme.
BHP ordered to clean up fields offshore Australia
Australia’s offshore environment and safety regulator NOPSEMA has ordered BHP to clean up three offshore fields following years of “limited action” and equipment sinking to the seabed, reported BoilingCold. This will add to the decommissioning burden Woodside will inherit if it absorbs BHP’s oil and gas assets as part of a deal announced last month.
Chevron’s Thailand decommissioning campaign in limbo
Chevron is responsible for decommissioning dozens of platforms at the giant Erawan Block, which it will hand over to Thai national oil company PTT Exploration & Production (PTTEP) in April 2022, when its concessionary contract expires. However, delays in official government approvals leaves key decommissioning contracts stalled for now.
Indonesia eyes giant offshore decommissioning wave
Indonesian upstream regulator SKK Migas is preparing a strategic plan covering the decommissioning of more than 100 upstream oil and gas platforms in Southeast Asia’s largest producer of hydrocarbons.
Pertamina to rejuvenate ageing Indonesia offshore facilities
Indonesian national oil company (NOC) Pertamina is finalising studies to replace ageing facilities at its Offshore North West Java (ONWJ) and Offshore South East Sumatra (OSES) blocks to help improve production, according to upstream regulator SKKMigas.
Major Australian decommissioning job up for grabs
Australia is seeking expressions of interest for the Northern Endeavour FPSO decommissioning project. Significantly, this could provide North Sea players the perfect opportunity to get a foothold in the rapidly expanding Australian decommissioning market.