Montrose port to chase decommissioning work with £5m upgrade
Montrose Port Authority (MPA) has announced plans invest £5.2million in upgrading its facilities in an attempt to attract more ships used in North Sea decommissioning.
decommissioning
Interview: World’s biggest ship will lift Brent Delta, just don’t call it a boat says Shell
At nearly 400 metres long and more than 100 metres wide, the Pioneering Spirit dwarfs the Titanic.
ConocoPhillips to book Heerema for North Sea decommissioning job
US firm ConocoPhillips has picked Heerema Marine Contractors to remove four platforms from the Norwegian North Sea.
Opinion: Green groups’ negative reaction to Shell Brent plans entirely predictable
The negative reaction by Lang Banks of the WWF and other NGOs to Shell’s Brent decommissioning plans was entirely predictable.
Decommissioning will ramp up as maintenance backlog bites, analysts say
A platform maintenance backlog will “catch up” with North Sea operators, ushering in a first peak in decommissioning work, analysts have said.
Opinion: Mr Clark, challenge Ospar decommissioning rules now
I have been a harsh critic of the current decommissioning removal plans; this is on the basis that removal provides little benefit for the environment, the economy or society.
EY’s Derek Leith: North Sea decomm tax relief broken down
While the North Sea is far from being on its last legs, the collapse in the price of oil and the high cost of running ageing infrastructure does mean that production is becoming uneconomic in an increasing number of fields. This has brought decommissioning activity into sharp focus, for upstream producers as well as the supply chain. Similarly, the subject of decommissioning tax relief has attracted much press coverage in recent months.
Energy Voice: The burning questions
Every Friday, Energy Voice will ask readers to give their views on some of the hot topics affecting the oil and gas sector. The questionnaire will be kept open for several days to allow as much participation as possible. For our inaugural “Energy Voice: The burning questions”, we want your opinions on the Spring Budget.
EV Guest Editor Derek Leith: Hard work lies ahead to reform North Sea tax relief
It’s fair to say Philip Hammond’s first (and last) Spring Budget as Chancellor followed the same approach as his first (and last) Autumn Statement – no vote-grabbing gimmicks, no rabbits out of the hat, steady as she goes.
UK Government on right track after Budget, de Leeuw says
An oil industry veteran said it was good news that the UK Government has acknowledged the current decommissioning tax system isn't working for North Sea industry.
Budget 2017: Expert panel to report North Sea tax findings this year
The Treasury confirmed yesterday that a new panel of industry experts would discuss increasing North Sea production and investment through tax breaks.
Chancellor delivers hope for North Sea
The Chancellor to the Exchequer has delivered hope for late life North Sea assets and the firms who will be tasked with their decommissioning, according to an industry expert.
Updated: Hope dawns for ‘vital’ North Sea tax relief
Hopes that the Treasury might deliver a boost to the beleaguered North Sea in today’s Spring budget have been raised by plans to help the “vital” oil and gas industry.
Exclusive: Theresa May hails north-east oil sector, tight-lipped on Budget support
Theresa May hailed the north-east's "world class” oil and gas sector last night as she pledged her support to ensuring its continued competitiveness on the international stage.
Breaking: CNR submits draft decomm proposal for Northern Ninian
A Canadian oil and gas company has submitted a draft decommissioning programme for a platform on one of the North Sea’s oldest producing fields.
Chevron chief outlines recipe for North Sea success
Chevron’s North Sea chief yesterday revealed three strategies that she believes can safeguard the basin’s future.
SNS 2017: Industry calls for decommissioning tax relief reforms ahead of Budget
Industry chiefs have reiterated their calls for reforms of the decommissioning tax relief system ahead of next week’s Budget.
Repsol-Sinopec calls time on Buchan Alpha platform
Repsol Sinopec Resources UK (RSRUK) said today that it plans to suspend output from the Buchan Alpha platform in the North Sea in April.
Unite backs call for public investment in North Sea assets
Unite is urging the Scottish Government to back Scottish Labour’s call for public investment in crucial North Sea assets at risk of being scrapped amid the oil downturn.
Decommissioning up for debate at Aberdeen bookshop cafe
Aberdeen University is taking the North Sea decommissioning debate to an unlikely venue in the Granite City this week.
Opinion: It’s time to get excited about the North Sea again
Recent M&A activity as well as ongoing discussions within the UK North Sea Oil and Gas industry is shaking many traditionalists. The renewed interest from smaller operators in growing their presence in the region and the arrival of private equity businesses as the new owners of exploration and production companies will mean leaner operations, with shrinking workforces an inevitability.
Opinion: Busting eight decommissioning myths
Decommissioning was in the spotlight again after a number of significant announcements last week.
Video: First minister unveils £5m decommissioning fund
A £5million decommissioning fund unveiled by First Minister Nicola Sturgeon in Aberdeen yesterday will be targeted at ports looking to cash in on dismantling the topsides of North Sea platforms.
Video: More details on decom fund ‘in due course’, Sturgeon says
First Minister Nicola Sturgeon has vowed to provide more details about the Scottish Government’s new decommissioning fund “in due course”.
Shell submits Brent Decommissioning plans
Shell reached an "important milestone" today as the firm submitted its plan for decommissioning the Brent field to the UK Government.