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.
decommissioning
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.
Policymakers more influenced by ‘grey’ reports which emphasise offshore wind negatives
A new study has found policymakers are more likely to be influenced by reports which tend to emphasise the negative environmental aspects of offshore wind farms.
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.
Lack of North Sea HLVs still weighs heavily on UK wind ambitions
A lack of spare HLV capacity in the North Sea continues to cast serious doubt over the UK's loft offshore wind ambitions.
Worker exodus ‘number one challenge’ facing North Sea decommissioning safety
An exodus of workers seeking other opportunities is the “number one challenge” facing safety in North Sea decommissioning, according to the industry watchdog.
Decommissioning oil and gas ‘megastructures’ set to clash with offshore wind
OEUK decommissioning report highlights supply chain crunch between wind installation and removing oil and gas platforms.
UK ‘could challenge Europe’ on heavy lift vessels
The UK “could challenge continental Europe” on heavy lift vessels, trade body OEUK has said, as the North Sea requires a “colossal push” from them.
Continuum looks to recycle wind turbine blades into composite materials
Danish start-up Continuum has developed a world-first method of recycling wind turbine blades into composite building materials, and the company could potentially base its first factory in Scotland.
Decommissioning: a staggeringly difficult global challenge
Several years ago, it seemed that some leading environmental non-governmental organisations (NGOs) had started to concede UK Big Oil’s claim that a managed transition away from high- to low-carbon energy might be strategically more effective as a means of reaching Net Zero by 2050 than the slam-dunk kill demanded by Just Stop Oil.
Ensuring UK firms are ‘competitive’ when vying for ‘monster platforms’ decom work
The UK has seen large-scale decommissioning work go overseas, OEUK’s decommissioning manager Ricky Thomson says firms need to remain “competitive” to win contracts for these “monster platforms.”
‘Back to work’: Ocean Patriot starts Repsol Sinopec contract after being released by Apache
Diamond Offshore (NYSE: DO) has announced it has kicked off a new contract in the UK with Repsol Sinopec after its rig was released early last year by Apache.
DeepOcean completes Dunlin Alpha platform decommissioning project
Subsea services provider DeepOcean has completed a "significant" decommissioning project on the Dunlin Alpha platform.
AF Gruppen secures decom contract for North Sea platform
Norwegian company AF Gruppen (AFG) has secured a key decommissioning contract for a North Sea platform.
Elemental Energies lands £10 million decommissioning contract with Archer
Elemental Energies has secured a contract with an estimated value of £10 million with Archer to support a major decommissioning project in the UK North Sea.
Watch: Aker Solutions floors latest part of Valhall complex at Norwegian yard
After weeks of work, and “several rounds of weakening”, Aker Solutions has finally felled the “stubborn old thing” at the Stord decommissioning yard in Norway.
Archer lands $165m decommissioning deal with Repsol Sinopec
Oilfield services firm Archer (OSLO: ARCH) has landed a major decommissioning contract with Repsol Sinopec in the North Sea.
North Sea rig shortage a ‘big challenge’ to industry’s decom plans, says Spirit boss
Industry’s plans for shutting down scores of obsolete wells in the North Sea could be scuppered by a lack of free rigs, a senior figure has warned.
Window for new decom technology to make a difference is shrinking, warns sector leader
Companies developing “ground-breaking technologies” for North Sea decommissioning are up against it to deliver their solutions in time.
Spirit Energy toasts decommissioning high with ‘busiest year-to-date’
It has been a landmark few months for Spirit Energy as the operator experiences its “busiest year-to-date” in decommissioning.
Shell waiting on regulator to approve next stage of Brent decom plan
The boss of Shell (LON: SHEL) has given an update on the supermajor’s plans for decommissioning the iconic Brent Charlie platform.
Oil and gas legal expert joins board of Decom Mission
Decom Mission has confirmed the appointment of leading oil and gas lawyer Calum Crighton to its board.
Exclusive: Apache plans end to giant Forties oilfield with £200m spending cut
Apache has brought forward plans to end Forties, a foundation of North Sea production since the 70s, by 11 years.
Drawing on our strengths – how to advance the UK’s decommissioning sector
The number of assets in the North Sea that need to be decommissioned is on the rise. According to Shell around 470 installations will be decommissioned in the UK sector of the North Sea over the next 30-40 years.