Shell releases decommissioning contract bonanza
Shell (LON:SHEL) has put multiple contracts out to tender as it looks to decommission several of its North Sea projects.
Decom
Decom Mission survey reveals frustration rife in decommissioning sector
A survey conducted by decommissioning trade organisation Decom Mission has revealed widespread frustration with regulators among several supply chain concerns.
Decom Mission announces award winners
Four companies and individuals have been recognised at the seventh annual Decom Mission Awards.
Odfjell Technology buys Aberdeenshire oil services firm McGarian TDC in £3m deal
Offshore engineering services firm Odfjell Technology has acquired Aberdeenshire-based McGarian TDC in a deal worth "in excess of £3 million".
OSSO helps recover usable oil from ‘crude oil sludge’
Aberdeen-based fluid control solutions specialist OSSO has helped recover 1,280 cubic metres of usable oil from ‘crude oil sludge’ as part of a decommissioning project.
Phoenix Decom repurposes 16,000 tonnes of concrete mattresses
Aberdeen-based decommissioning waste sector specialist Phoenix Decom has repurposed more than 16,000 tonnes of concrete subsea mattresses over the last 12 months.
North Sea oil and gas firms must “get cleaner” – regulator
North Sea oil and gas operators could invest up to £3 billion on projects aimed at cutting 32m tonnes of CO2 emissions, a new review has found.
NZTC looking to drive rigless plug and abandonment tech
The Net Zero Technology Centre (NZTC) has launched a call to find innovations enabling rigless plug and abandonment.
New Well-Safe Solutions CCO looks to double rig count
Well-Safe currently runs three rigs - but Christopher Hay will be looking to "try and double that within the next five years".
Shell vessel to find new life as part of Oslo activity park
Parts of the Curlew FPSO are being recycled and reused for a new project in Norway’s capital.
COSLPioneer arrives at Ettrick for decommissioning work
COSL’s semisubmersible oil rig COSLPioneer has arrived at CNOOC’s (TSX: CNU) Ettrick field to perform a five-well plug and abandonment campaign.
Harding: Taqa faces decom conundrum with three-legged platform
TAQA is looking for a solution to a big challenge in the removal and disposal of its three-legged Harding platform in the North Sea.
Genesis Energies back in Aberdeen city centre with ambitions for growth
Genesis is targeting new clients and further growth in carbon capture, hydrogen, and asset decarbonisation as it returns to the 'heart' of Aberdeen.
CNRL starts contractor race on Ninian decommissioning campaign
Contract race also started 60-well P&A campaign for Spirit Energy
CCUS throws up decommissioning tax ‘grey area’
Repurposing of North Sea oil and gas assets for Carbon Capture Utilisation and Storage (CCUS) is starting to happen, and it’s throwing up a tax quandary for the sector’s decommissioning space.
Offshore services provider Acteon Group acquired by private equity
Acteon Group maintains a significant presence in Aberdeen across several firms.
Aberdeen’s Well-Safe Solutions appoints first chief financial officer
Aberdeen-headquartered well decommissioning firm Well-Safe Solutions has appointed Alan McQuade as the company's first ever chief financial officer.
Shell’s tax rebates near $750m for decommissioning giant Brent oilfield
Shell (LON: SHEL) has disclosed nearly $750m of tax rebates received from the UK Government for decommissioning its Brent oilfield in the North Sea.
Surge in sales puts Plexus Holdings back in the black
Aberdeen based Plexus Holdings (AIM: POS) has surged back into the black with £2.2m pre-tax profits in its half-year results.
Perenco completes three well P&A campaign at Gawain field
Perenco has announced a decommissioning milestone after completing a plug and abandonment (P&A) campaign on three subsea wells at the Gawain field.
TAQA reaches cessation of production at Tern platform
Emirati state-owned oil and gas operator TAQA (ADX:TAQA) has announced cessation of production (CoP) of its subsea fields connected to the Tern platform in the North Sea.
Finalists announced for 2024 Decom Mission Awards in Aberdeen
Decommissioning trade body Decom Mission has announced the finalists for the 2024 Decom Mission Awards, set to take place in Aberdeen on 21st May.
A life-or-death matter: managing decom hazards
Offshore decommissioning projects are increasing. Latest figures from the North Sea Transition Authority reveal the UK’s offshore oil and gas industry spent £1.6 billion on decommissioning in 2022 – its highest annual total – with £21 billion of spending on decommissioning forecast for the next decade.
NSTA launches online tool to showcase decom plans to supply chain
The initiative aims to give the North Sea supply chain a clearer picture of upcoming projects
Ex-EY boss Derek Leith joins decom specialist Well-Safe Solutions
Former EY boss Derek Leith has joined Aberdeen-headquartered decommissioning specialist Well-Safe Solutions as a non-executive director.