A North Sea industry veteran has expressed concerns about the UK’s ability to deliver on its decommissioning responsibilities, as well as doubts over the potential economic benefits.
Aberdeen-headquartered Mermaid Subsea Services UK has successfully plugged and abandoned (P&A) 30 wells in the UK North Sea using the Island Valiant vessel.
The North Sea is unlikely to see rapid growth in decommissioning due to several "speed bumps" slowing the shut down of assets, according to analyst firm Wood Mackenzie.
A UK court has dismissed a case against a subsidiary of North Sea oil producer Viaro Energy relating to decommissioning costs for the Brae field.
The North Sea regulator has urged operators to show "commitment" to the UK supply chain to increase local content in decommissioning.
Aberdeen-based energy services firm Three60 Energy has won a major decommissioning contact in the North Sea.
Rising costs meant North Sea operators spent "more money doing less work" on offshore decommissioning in 2023, according to an industry report.
The North Sea Transition Authority (NSTA) is ramping up its ‘carrot and stick’ approach to decommissioning as the regulator prepares to unveil a new TWIST.
Mammoet has skidded the Brent Charlie topside into place for decommissioning at the Able Seaton Port in Hartlepool.
A breakthrough artificial intelligence (AI) project could save taxpayers and the offshore industry billions of pounds in oil and gas decommissioning costs.