First Minister to announce new North Sea oil and gas decommissioning fund
Nicola Sturgeon will visit Aberdeen today to announce a new multi-million pound decommissioning fund for the North Sea.
decommissioning
Opinion: Knowledge sharing key to getting decom transition right
Late life asset management through to decommissioning isn’t an industry awash with precedents and case studies, so what’s the key to getting it right?
Opinion: Brexit to decommissioning – UK’s oil and gas future
Following Brexit and the continued stagnation of the oil and gas price, 2016 will long be remembered for all the wrong reasons. However, despite the rather gloomy past, 2017 is shaping up to be a far better year for the industry. With advancements in technology and testing, 2017 is set to see new, green shoots of growth return to the sector.
Opinion: For the industry … by the industry
As 2017 begins to take shape, North Sea decommissioning continues to dominate the headlines.
Subsea 2017: Apache boss says ‘Joe Public’ not sold on clean seabed decommissioning
A North Sea chief said today that UK taxpayers would side with industry ahead of green groups on the subject of decommissioning.
Nuclear decommissioning fund worth £3m freed up for robot makers
Robot makers will have a chance to compete for £3million worth of funding as part of a competition aimed at developing nuclear decommissioning technology.
WWF warns oil firms should not “dodge obligations” by disposing of old platforms in North Sea
Environmental group the WWF has said oil firms should not be allowed to “dodge their obligations” to dispose of old platforms in the North Sea.
Well abandonment costs dominate UKCS decommissioning bill
The most visible stage of oil and gas decommissioning is also one of the cheapest parts of the whole process.
Decom series: North Sea ports wage decommissioning ‘Phoney War’
Energy Voice began its decommissioning series in October by raising the prospect of a “turf war” in the North Sea over the next 30 years.
Taxpayer cost of decommissioning to rise, Scottish Government claims UK failed to set aside a “single penny”
The Scottish Energy Minister said an increased in decommissioning costs to the UK taxpayer had been made by Westminster as it “failed to put aside a single penny” to cover liabilities.
Decom series: AF Gruppen targets single lift market after Janice, Murchison success
In decommissioning, as in life, there are winners and there are losers.
Nexen submits decommissioning plans for two North Sea fields
Oil firm Nexen has submitted draft plans for the decommissioning of two North Sea fields to the UK Government.
Nexen submits decommissioning plans for two North Sea fields
Oil firm Nexen has submitted draft plans for the decommissioning of two North Sea fields to the UK Government.
Gallery: Top decommissioning stories of 2016
At the end of each year, Energy Voice likes to reflect on some of the most read and engaged with stories of the previous 12 months. This gallery looks at our top stories about decommissioning.
Scrapping of North Sea Producer vessel delayed in Bangladesh
The scrapping of an oil and gas vessel that wound up on a scrapyard beach in Bangladesh has been delayed, a news report said.
Decom series: The complexities of decommissioning tax relief – Derek Leith
There is an unavoidable theme in politics, economics and business at present – uncertainty. But it’s nothing new for the oil and gas industry. A review of oil price figures back to 2008 is evidence of our experience of adapting to change.
Decom series: Able Seaton tells other UK ports to think hard before investing in decommissioning
Able UK has a message for other British ports considering a big financial outlay on decommissioning facilities: think long and hard before you press the button.
Intertek to study impact of decommissioning on sandbanks
Quality assurance giant Intertek will research the impact on sandbanks of rock dumping during oil and gas decommissioning.
Video: How to decommission Shell’s Brent
Shell's Brent field is one of the largest in the North Sea. It has served as the cornerstone of North Sea production for the past 40 years. But how do you decommission a project as vast as Brent? Watch the video to find out.
Decom series: Harland & Wolff banks on ‘Holy Grail’ of decommissioning
For many UK ports, creating the facilities needed for large-scale decommissioning projects is a quest they are just embarking on.
Decom series: Dundee strives to shape the market by investing early
The Port of Dundee has laid its cards on the table, as far as its attitude towards decommissioning is concerned.
Opinion: Decommissioning tax breaks a bad deal for the UK taxpayer
Despite Professor Alex Kemp’s justification for decommissioning tax breaks, any break is a very poor deal for the UK taxpayer. Current levels are set at 75% or 50 % for respective petroleum revenue tax (PRT) paying and non-PRT fields. With estimates of the total decommissioning cost at ca £40billion, the taxpayers’ portion is, by any fiscal measure, a huge sum of money. It equates to approximately £1,000 per UK taxpayer. Furthermore, should decommissioning costs increase, as many suspect they will, the risk to the taxpayer is obvious.
Forth Ports appoints new recruit to focus on oil and gas decommissioning
Forth Ports has appointed a new recruit to focus on its oil and gas and decommissioning activity.
Decom Series: New simulator to ‘massively reduce’ well decommissioning costs
A new piece of kit that could strip down decommissioning costs is expected to be in Aberdeen in time for Christmas.
EY Guest Editor: Chancellor to keep close eye on state of North Sea industry
As the dust settles on Philip Hammond’s first (and last!) Autumn Statement, it is worth taking stock of the impact of the announcement on the oil and gas sector.