The importance of decommissioning wells in the North Sea
The North Sea has been a powerhouse of oil and gas production for over five decades.
Oil & Gas
Operators could face fines as North Sea decommissioning still lags
The pace of North Sea oil and gas decommissioning continues to lag behind targets, with operators who fail to comply being liable to face fines of up to £1 million.
Lawsuit aims to stop Gryphon decommissioning
An independent operator has filed a lawsuit to stop plans to decommission the Gryphon floating production storage and offload (FPSO) vessel.
Brent Charlie topside loaded in to UK port for decommissioning
Mammoet has skidded the Brent Charlie topside into place for decommissioning at the Able Seaton Port in Hartlepool.
US Foundation’s drillship dilemma as Joides Resolution retired early
Recently, Joides Resolution (JR), arguably the most famous research drillship of all time, was prematurely retired and is now in the early stages of being stripped of its equipment prior to scrapping.
Decommissioning technology puts intervention at the FrontRow
Decommissioning of North Sea wells and infrastructure is happening – but perhaps more slowly than the supply chain supporting the activity had hoped.
Aberdeen’s Exceed secures Centrica Rough contract
Well and reservoir management firm Exceed has secured a contract with Centrica Energy Storage for the redevelopment of the Rough gas storage field.
AI breakthrough could save £10bn in North Sea decom costs
A breakthrough artificial intelligence (AI) project could save taxpayers and the offshore industry billions of pounds in oil and gas decommissioning costs.
Dana offers up work to ‘kill’ Western Isles wells
Dana Petroleum has offered up tenders to “kill” the Harris and Barra wells at its ill-fated Western Isles project.
North Sea mental health charter gains momentum
Mental Health in Energy’s seminar in Aberdeen united major industry figureheads to share how mental health support can be cultivated within the energy industry.
November a ‘bumpy ride’ for anxious oil markets
Rystad Energy predicts "a big week for oil markets" with the US elections on the horizon.
Petrogas now sole equity owner of Baker exploration well
Well Slot is a monthly feature where Westwood’s Stephen Coomber looks at drilling activity and rig moves in UK and Norwegian waters.
Jobs are ‘primary concern’ of Decom Mission boss following budget
Following the first budget of the Labour Party’s premiership, saving jobs and retaining skills within the sector are the core concerns of Decom Mission’s Sam Long.
Abu Dhabi deals for North Sea firms TWMA and Osso
Aberdeen drilling waste management firm TWMA has extended a contract in United Arab Emirates (UAE) in a deal worth $70 million (£54.3m).
France’s TotalEnergies unveils $4.1 billion profit in quarter
French energy giant TotalEnergies (PARIS:TTE) hailed "robust" results for the third quarter of the year despite a decline in margins.
Shell reveals another shareholder boon on $6 billion quarterly profit
Shell (LON:SHEL) unveiled a better-than expected $6 billion (£4.6bn) profit and another investor-pleasing buyback on the back of an increase in gas production.
‘Torturing’ budget serves as ‘devastating blow’ to oil sector, says BRINDEX
Changes to the energy profits levy brought in under the UK government's budget serve a "devastating blow" to oil firms, the chairman of a body representing independent oil and gas producers has warned,
‘Super tax’ cannot be justified: Energy firms react to Autumn budget
Labour's budget has brought "a difficult day for the sector" as oil and gas firms face a "super tax", say industry commentators.
Windfall taxes and government policy: destroying Aberdeen and the north-east
There is only one phrase that can possibly be used to describe the Westminster government’s approach to oil and gas – ideological zealotry, bordering on madness.
ATPI, Nomadic partner to help foreign workers fill gaps in UK workforce
Travel management company ATPI has partnered with Nomadic, a global short-term immigration provider, to help companies fill potential energy industry workforce gaps.
Budget: don’t squander the SME talent leading the energy transition
If the country's top producers – and earners – are open to jumping ship over the impending fiscal regime, imagine the impact changes will have on the countless SMEs that make up the supply chain?
North-east oil workers are warming to Green way of thinking, says Patrick Harvie
The Greens are often cast by political rivals as being out of touch with voters in the region.
Wood wins million hours job in Saudi Arabia
Aberdeen's Wood (LON:WG) has won a contract with Saudi Arabia's giant Aramco (SA:2222) to help the Gulf state increase natural gas production.
Serica warns of production hit by outage on Triton
Serica Energy plc (AIM: SQZ) has warned its expected oil and gas production this year will be hit after a failed gas compressor has shut down operations on the Triton FPSO.
BP reveals profits slump to $2.3 billion in quarter
Energy giant BP (LON:BP) revealed profits have slumped 18% to $2.3 billion (£1.8bn) in its most recent quarter as it confirms a reduction in margins in its refining business and weak oil trading.