Decommissioning Challenge Fund awards £1.1m in first round
A Scottish Government fund for helping the country secure decommissioning work has awarded £1.1million worth of backing to six ports.
Decom
Decom Conference: Rigs-to-Reefs a non-starter in UK North Sea
A UK decommissioning chief has said the rigs-to-reefs concept is a non-starter in British waters.
Decom Conference: Ospar decommissioning rules ‘in the right place’, OGUK says
Industry body Oil and Gas UK (OGUK) said today that rules governing offshore decommissioning were "right, at this point in time".
Decom Conference: Well costs shrinking, £17bn to be spent on decom, OGUK report says
Industry body Oil and Gas UK (OGUK) revealed today that North Sea companies are keeping a lid on well decommissioning costs.
Decom Conference: Decommissioning cost cutting efforts risk clash with competition watchdogs, OGA says
A decommissioning expert at the Oil and Gas Authority (OGA) said today that efforts to lower North Sea dismantling costs risked a clash with competition watchdogs.
Decom firm Well-Safe picks Dundee port for marine base
Fledgling decommissioning firm Well-Safe Solutions has said that its onshore marine base will be located in the Port of Dundee.
‘Brand decom’ emerging in North Sea, Esson says
A decommissioning expert has said there are clear signs that “brand decom” is emerging as work spreads the length of the UK east coast.
Port of Cromarty Firth clears hurdle on way to becoming major decom player
The Port of Cromarty Firth (PCF) has cleared a hurdle in its bid to scoop up more decommissioning work.
DNS publishes guidelines for decommissioning plans
Industry body Decom North Sea today published guidelines on environmental issues impacting the development of decommissioning programmes.
Opinion: Budget decommissioning tax reforms a missed opportunity
Whilst many industry commentators have quite rightly welcomed the recent budget decision on tax credit transfer, the fact remains that even with the new arrangement, decommissioning remains a very poor deal for the UK taxpayer.
Decommissioning manifesto: Waiting on fish
A trio of oil industry experts have written a "manifesto" to help de-cloud the offshore decommissioning landscape.
Decommissioning big-hitters roll into St Andrews for annual event
Hundreds of decommissioning industry leaders will gather in Fife this week for a major conference on the future of the multi-billion pound sector.
Port of Blyth to compete for decommissioning work
A port in the north-east of England has announced itself as a contender for offshore oil and gas decommissioning work.
Decom North Sea hires Leeson as interim chief
Industry body Decom North Sea (DNS) has appointed Tom Leeson as its interim chief executive with immediate effect.
SNP’s Blackman hopes for movement on tax histories in Budget
An SNP MP has said she hopes to see "actual real movement" on decommissioning tax allowances in today's Budget.
Opinion: Taking down the decommissioning barrier to M&A
The fall in the world price of crude has been at the centre of a number of obstacles that are currently stifling many North Sea M&A transactions. This factor, along with a lack of acquisition finance and the persistent gap between the price sellers want for assets and the one buyers are prepared to pay, is making valuations hard to land. Where late life assets are concerned, decommissioning liabilities, which can often erode any value in what might otherwise be a viable transaction, are proving another major issue, preventing many deals from getting over the line.
Opinion: UK Government must support oil industry with Budget
As an industry which remains vitally important to the Scottish, and UK, economy, the Scottish Government has long been a vocal champion of North Sea oil and gas.
HydraWell says new rigless well plugging method to take sting out of decom costs
A Norwegian firm has developed a new way of plugging and abandoning wells without the use of a drilling rig in a move expected to save companies huge sums.
Expro takes pioneering wireless technology out for a spin in North Sea
Oil service company Expro has successfully operated pioneering wireless technology which is designed to lower the cost of well-abandonment.
Former Brent platform manager appointed OGA decommissioning chief
The Oil and Gas Authority (OGA) said yesterday that it had appointed a new head of decommissioning.
OGA appoints new decommissioning chief
The Oil and Gas Authority (OGA) said today that it had appointed a new head of decommissioning.
Norway’s AF Gruppen picked for UK North Sea decommissioning work
Norwegian contractor AF Gruppen will help ConocoPhillips decommission up to seven southern North Sea platforms.
ABB completes decommissioning review for SSE
The company’s engineering and consultancy group, appointed to the job after a tender process, has returned with a governance framework for SSE’s decommissioning and demolition (D&D) practice.
Decommissioning will be ‘huge part’ of Peterhead port’s future
If you were to ask someone in Scotland to name a fishing town, chances are they would say Peterhead. But what if you asked the same question in 400 years’ time?
ConocoPhillips, Centrica to decommission five North Sea platforms
ConocoPhillips and Centrica have submitted plans for decommissioning a raft of southern North Sea platforms to the UK Government.