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.
Decommissioning – the multi-billion pound, monster job looming over the oil and gas industry.
Decom Mission's chief executive Sam Long said "Shame on us" at an Aberdeen event as a student pointed out the difficulties of getting into the industry.
The North Sea is at a turning point. Hundreds of rigs and their associated marine infrastructure are set to be decommissioned. Oil and gas platforms will begin to move out, and infrastructure for offshore renewable energy will move in.
Ambitious plans to revamp a Scottish fabrication yard for use recycling North Sea infrastructure have taken a major step forward.
Former BP executive Lewis Gillies has been named CEO of the port’s new parent company.
It comes as the EU said leaving the thousands of tonnes of oil-sediment contents in place would be “environmentally and socially unacceptable”.
Dozens of platforms and substructures are to be removed in 2024 - while 16 windfarms are forecast to be installed; an unprecedented level of activity.
Aberdeen-based Neptune Energy has committed to spending $23 million (£18.7m) on a decommissioning program in Germany.
Decom North Sea, the only membership organisation focused upon decommissioning across the energy industry, has announced a programme of events for Decom Week 2023.
How to remove a 600,000 tonne structure in the middle of the North Sea? Most likely, operator CNR International simply won’t.
A structure that stood in the Central North Sea for around three decades has been pulled to the ground at a Norwegian yard.
Oil giant BP (LON: BP) has picked Aberdeen’s Well-Safe Solutions to help it decommission a pair of suspended North Sea wells.
The 22-well P&A deal is Mermaid Subsea’s largest contract to date.
Decommissioning firm Well-Safe Solutions has teamed up with PD&MS Group as part of a push to slash its environmental impact.
A senior government trade official hailed decommissioning as “one of the UK’s greatest strengths” during an industry conference yesterday.
Inflation, rig rates and the windfall tax will hit 40 companies over the next five years – some of that cash would otherwise go to areas like safety and decarbonisation.
Well-Safe Solutions and Apache (NASDAQ: APA) have struck a multi-year framework deal to decommission wells in the North Sea.
ExxonMobil (NYSE:XOM), operator of the Gippsland Basin Joint Venture, has hired the Helix Q7000 semisubmersible vessel to support decommissioning activities in the Gippsland basin offshore Australia, as ExxonMobil ramps up decommissioning work.
EnQuest (LON: ENQ) has hit a “significant milestone” in its campaign to decommission a decades old North Sea field.
It cited analysis by Boston Consulting Group stating that by 2038 there would be 1,000 offshore structures in the Arabian Gulf that would no longer be economically viable.
Decom North Sea argues the case for visibility of work for the supply chain, and hints at changes on the horizon for its own organisation.
Denholm Environmental, a subsidiary of Denholm Energy, finished 2022 on a high with dual announcements.
Driven by society’s need to tackle climate change, renewable energy-based power generation is growing exponentially worldwide and especially in Europe where wind power alone now accounts for around 16% of capacity.
A £118,000 a year decom job is up for grabs at the North Sea industry regulator, the NSTA, after a reshuffle of its top team.