Updated: Ultra-deep port could generate revenues of £580m, EY report says
Scotland’s first ultra-deep-water (UDW) port would have to secure 10 decommissioning projects to pay for itself, a flagship report said.
Decom
UK Government builds up £1bn kitty to protect taxpayer from decom costs
Nearly £1 billion worth of security has been squirreled away to protect UK taxpayers from being slapped with excessive decommissioning bills, a UK Government official said.
Scottish Government dishes out further £2.5m for decom projects
A £2.5 million cash pot will be shared between 12 decommissioning projects as part of the Scottish Government's latest funding round.
Energy minister to open annual offshore decom conference
Scotland's energy minister will launch the annual Offshore Decommissioning Conference in St Andrews today.
CessCon eyes decom base in Methil
A decommissioning specialist has taken a step closer to setting up a scrapping facility at the Fife-based birthplace of numerous oil rigs.
‘Moonraker’ heavy lift vessel to create 500 Tayside decom jobs
An ambitious bid to build the UK’s largest heavy lift offshore decommissioning vessel could create up to 500 jobs for Tayside and leverage tens of millions of pounds of inward investment into the city.
OPINION: Infrastructure removal better for circular economy than derogation, Greenpeace says
As we stressed in our evidence to the Select Committee, in continuing to support the removal of offshore oil and gas installations at end of life, Greenpeace is in line with the approach to decommissioning that was only months ago reaffirmed by all 15 countries that are party to the OSPAR Convention, including the UK.
Ardent’s new design is a boon for decom
Ardent, the premier marine salvage, emergency response and decommissioning contractor, has completed the design of an external buoyancy system called Archimedes, to recover jackets.
R2S: Decommissioning learning curve
Perhaps it’s the overtly political nature of it, the multiplicity of stakeholders, the need for problem-solving or the sheer finality of it, but offshore decommissioning has been an area of interest to me since I first joined Return To Scene in 2013.
Wells decom solutions programme building momentum
Around 1,400 UKCS wells will have to be abandoned over the next 10 years alone at a cost of £7-8billion of which the UK taxpayer will fund around half, according to Malcolm Banks, wells solution centre manager at the Oil and Gas Technology Centre (OGTC).
Technology key to maximising the late life of field potential, Expro boss says
With UK decommissioning expenditure estimated at £55.7 billion, it’s no surprise that this offers a significant opportunity for many companies. From a well abandonment perspective alone, activity is set to increase from £1.2bn in 2016 to an expected £1.5–2bn per year through to 2025, according to Oil and Gas UK (OGUK).
A fit new approach to decommissioning
For the uninitiated, there may not be any obvious connections between North Sea decommissioning and Crossfit – a high-intensity fitness programme – however Oil and Gas UK’s (OGUK’s) new decommissioning manager sees things differently.
New decommissioning centre to move needle on costs, tech deployment
Buoyancy systems, laser cutting tools and thermite plugs all feature in a combined effort by industry and academia to turn the north-east into the world’s leading provider of decommissioning technology.
Decommissioning: It’s not over until it’s over
Is decommissioning and the demise of oil and gas being heralded prematurely within the UKCS, with prospects recently announced onshore near Gatwick and west of Shetland through BP and Total? Fracking in Lancashire has been given the go ahead and it won’t be long before we see this in the central belt of Scotland, utilising Grangemouth and extending its life even further.
Updated: Shell hands in Goldeneye decommissioning plan
Shell filed a draft decommissioning plan for the Goldeneye field with the UK Government today.
Easier environmental enforcement? You’re welcome
The new Offshore Environmental Civil Sanctions Regulations 2018 are coming…
Scottish Government backs Lerwick’s candidacy for deep-water port
Shetland’s hopes of securing a bigger slice of the multi-billion pound North Sea decommissioning market have received a boost.
Aberdeen University blazing a trail for decommissioning expertise
The University of Aberdeen has stayed ahead of the curve by positioning itself as the go-to trainer of present and future decommissioning experts.
Aberdeen University blazing a trail for decommissioning expertise
The University of Aberdeen has stayed ahead of the curve by positioning itself as the go-to trainer of present and future decommissioning experts.
Aberdeen University blazing a trail for decommissioning expertise
The University of Aberdeen has stayed ahead of the curve by positioning itself as the go-to trainer of present and future decommissioning experts.
Aberdeen University blazing a trail for decommissioning expertise
The University of Aberdeen has stayed ahead of the curve by positioning itself as the go-to trainer of present and future decommissioning experts.
Perenco launches Tyne decommissioning programme
Perenco has launched plans to decommission its North Sea Tyne platform.
Shetland names 10 projects for growth
Ten projects which could generate more than 600 jobs through increased productivity and economic growth have been identified by Shetland Islands Council (SIC) ahead of negotiations with government on securing an islands deal.
Lerwick targets further decommissioning work
The chairman of Lerwick Port Authority (LPA) has hailed the growing contribution of cruise ship visits as the organisation released its annual review, showing a steep drop in profits and a decline in turnover last year.
Unravelling some of the myths around decommissioning
It’s a busy week for decommissioning with our London business briefing focusing on this emerging sector of the industry and we’re also anticipating the publication of the Oil and Gas Authority’s (OGA) 2018 UKCS Decommissioning Cost Estimate report.