Decom Live: Decommissioning an ‘exciting’ growth area for oil and gas, says market analyst
Decommissioning offers an “exciting” growth area for oil and gas at a time when much of the industry is in decline, according to a leading market analyst.
Decommissioning offers an “exciting” growth area for oil and gas at a time when much of the industry is in decline, according to a leading market analyst.
John Lawrie Metals (JLM), of Aberdeen, is to build an oil and gas infrastructure decommissioning facility in Montrose.
Spirit Energy has decided it will finally decommission the Chestnut field in the North Sea, more than a decade after it was first expected to be shut in.
North-east firm Legasea, set up in 2019 to recover oilfield equipment and make it fit for reuse, has doubled the size of its workforce since January.
Taqa has reached a major milestone in one of the North Sea’s largest decommissioning projects, removing the topsides of the Brae Bravo platform.
Northern Irish company Decom Engineering has announced plans to expand its operations with a new north-east base.
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.
Costs of decommissioning the Greater Dunlin Area in the North Sea have increased by £25million in the last year, with the completion timeline slipping.
The former McDermott fabrication yard at Ardersier is under new ownership, it was announced last night.
The decommissioning costs of oil and gas firms which have recently gone bankrupt or are in financial distress is near $15billion, according to new analysis from Boston Consulting Group (BCG).
Aberdeen-headquartered energy services firm Ardyne has agreed a second joint industry project with Norwegian giant Equinor.
Integrated decommissioning firm Fairfield Decom has confirmed it has ceased trading with immediate effect.
When I joined Decom North Sea in April, one of the first things I was briefed on was the upcoming Decom Week which would take place in May, essentially replacing the existing Decom Offshore event, which had run for almost 10 years.
The director of Taqa decommissioning operations has said it is “poised” for significant activity in the coming months.
The cost of decommissioning in the North Sea has fallen to £46billion, however the Oil and Gas Authority (OGA) has warned that a “slowdown” means its target could be missed.
Troubled operator Hurricane Energy has announced the completion of decommissioning work to its Lincoln well, which it once hoped to develop, in the west of Shetland.
An engineering company has invested more than £700,000 to develop tools which provide greener, faster and safer solutions for decommissioning in the energy sector.
Petrodec has offloaded a platform from the Perenco Amethyst field to a yard in the Netherlands for decommissioning.
Norwegian firms Aker Solutions and AF Gruppen intend to merge their offshore decommissioning operations into a 50:50 joint venture.
A top inspector says she has “no issue” with waste management firm Veolia’s handling of the Ninian Northern oil platform dismantling job after a union boss raised safety concerns.
A port in Fife has taken delivery of two Spirit Energy platforms for decommissioning.
Taqa says its plans to remove "attic oil" from the Cormorant Alpha platform’s huge concrete base will not be derailed by the removal of the topsides.
The top job at the environmental and decommissioning activity regulator for the UK offshore oil industry is up for grabs.
Video footage has been shared online by Demolition News showing the Ninian Northern platform having its legs blown off with explosives in Lerwick.
The Pioneering Spirit vessel has removed the DP3 gas production topsides from Spirit Energy’s Morecambe Bay development in the East Irish Sea.