UK North Sea to dominate global decommissioning spend over next five years
The UK is poised to lead the way as operators increase spending on North Sea decommissioning work amid low oil prices, according to a new report.
The UK is poised to lead the way as operators increase spending on North Sea decommissioning work amid low oil prices, according to a new report.
Taqa has picked Archer rig to carry out a 21-well plug and abandonment campaign in the northern sector of the UK North Sea.
Maersk Supply Service (MSS) has been picked to remove subsea kit from the Dunlin field by operator Fairfield.
A redeveloped Highland port is aiming to use a stricken cargo ship to showcase its credentials for oil and gas decommissioning.
The INSITE Programme was conceived in 2012 to produce independent science leading to a greater understanding of the influence of man-made structures on the North Sea ecosystem.
New analysis has outlined “huge concerns” for UK taxpayers around whether oil and gas firms will be able to meet their hefty decommissioning costs, with some rising above their company market values.
The dust might be starting to settle on some issues around Covid-19, but the impact it may have on North Sea decommissioning is very much up in the air.
After weathering the storm that was the price collapse of 2014, the oil industry has again been hit in recent months by two new blows almost simultaneously: oversupply (caused by the failure of negotiations between Saudi Arabia and Russia to agree on production cuts and the aggressive response of the former); and a demand shock (reflecting the economic impact of the Covid-19 lockdown).
Petrofac has deferred an £11million decommissioning contract for Aberdeen-headquartered Awilco Drilling.
Perenco has handed in plans to decommission four platforms at a gas field in the UK North Sea.
Neptune Energy has released a timelapse of operations to remove a gas production platform in the Dutch sector of the North Sea.
The UK Government recently published updated guidance on Oil and gas: offshore environmental legislation (20 March, 2020). It was a reminder that the OSPAR decommissioning regulations are not consistent with the UK’s Conservation of Offshore Marine Habitats and Species Regulations 2017.
Dundee will become the go-to hub for decommissioning work in the UK according to the man who has spearheaded the city’s move into the sector.
The UK Government has approved a plan to decommission a North Sea development less than five years after first oil.
A trio of oil rigs whose departure from the UK was blocked two years ago amid safety and environmental concerns are still in the Cromarty Firth.
Oil and gas firm EnQuest has confirmed plans to decommissioning its fire-damaged Heather Alpha platform in the northern section of the UK North Sea.
A document has revealed that UK safety regulators flagged issues with EnQuest’s Thistle platform years before it was evacuated over subsea structural concerns.
Premier Oil will be “increasing its workforce” in other UK projects as the vessel which produces through its Huntington field prepares to sail off in summer.
A US oil major that sold most of its UK offshore business last year has become an Aberdeenshire-based research centre’s first industrial “anchor partner”.
Well-Safe’s chief operating officer Matt Jenkins talks to Energy Voice about the company’s maiden asset, Well-Safe Guardian, during a visit to Nigg Energy Park, where the vessel is being refurbished. Read: Well-Safe ‘actively’ looking at more rigs as maiden purchase gets ready to hit the market
EnQuest has revealed plans to temporarily leave a pair of 1,200-tonne oil storage tanks from its Thistle platform at the bottom of the North Sea after structural concerns forced their removal.
Petrobras has set out the opportunity for UK firms to help decommission assets from its former “cash cow” Campos basin.
Oil giant Shell has confirmed that decommissioning work on the Curlew floating production (FPSO) vessel moored in Dundee has been halted.
DNO, which took over Aberdeen-based Faroe Petroleum last year, has taken £112million of impairments costs related to its newly-acquired fields in the North Sea.
Chrysaor has submitted its decommissioning plans for a southern North Sea platform to the UK Government.