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Decom

Opinion

Cost efficiency, the pandemic, oil prices and a silver lining

Cost efficiency. That is easily one of the most common phrases of the year with heads of business, peers, media and even family members using it when considering expenditure in 2020. To substantiate my thinking, I ran a social listening audit on conversations around cost efficiency and streamlining, paired with oil and gas, energy transition and net zero and found that conversations had increased by 7 percent from 2019 until present, which I fully expect to rise by the year end.

Opinion

Collaboration the key to a successful UK decommissioning industry

It’s around this time of year that Oil and Gas UK releases its eagerly-awaited annual Decommissioning Insight report. The study was first launched to enhance knowledge of the decommissioning market. It shows an industry with intellectual capability that needs to be shared to maintain competitiveness and efficiency.

Promoted

Decom Offshore Conference & Exhibition – never a virtual event… until 2020

In common with some other industry events, we took the decision to keep Decom Offshore in the calendar. Despite the difficulties wrought by the global pandemic, decommissioning has been in the headlines a number of times over the past six months. Decommissioning of offshore assets is inevitable and seismic market shifts as we’ve all recently encountered serve as a catalyst for further conversation around the timing and approach.

Opinion

Curlew – a decom object lesson

I’m baffled by the Curlew decommissioning saga that will now see the life-expired FPSO be dismantled in Norway rather than via the original arrangement whereby it was to be prepped in Dundee prior to being towed to Turkey for chopping up.

Promoted

Smart Basin: A key tool in energy transition

Data is key to good decision making in all sectors of industry and society and the Technology Leadership Board Digital Technology Theme highlights the truly disruptive potential of digital technologies. As we move towards a net zero economy, only through exploiting cross sectoral data can we achieve the potential of digital technologies, thereby aiding a smooth and sustainable energy transition. Combining data from the oil and gas and the renewables sectors with the nascent hydrogen and carbon capture and storage (CCS) industries will provide a platform for the best decision making.  At the National Decommissioning Centre (NDC) we are initiating several projects which will help deliver this.