Category: Decom
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Round-up: New oil & gas discoveries take center stage as LNG momentum grows
Round-up: New oil & gas discoveries take center stage as LNG momentum grows As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping portfolios through joint…
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WATCH: Allseas, TAQA pull off North Sea decom milestone with 11,600-tonne platform removal
WATCH: Allseas, TAQA pull off North Sea decom milestone with 11,600-tonne platform removal Allseas has added a new decommissioning feat to its book of achievements with the removal of a platform in the Northern North Sea (NNS). The post WATCH: Allseas, TAQA pull off North Sea decom milestone with 11,600-tonne platform removal appeared first…
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‘Pragmatic’ offshore energy investment policy key to ensure UK’s supply chain stays put
‘Pragmatic’ offshore energy investment policy key to ensure UK’s supply chain stays put With research showing that nine out of ten companies perceive business playgrounds in other countries as better suited for investment and growth, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has warned the UK government about the looming uncertainty…
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Delays in plug & abandonment work may put $5.5 billion on UK decom tab
Delays in plug & abandonment work may put $5.5 billion on UK decom tab With investor confidence taking a hit in the aftermath of political and fiscal woes, hydrocarbon exploration in a slump, and supply chain costs likely to rise, a postponement of plug and abandonment (P&A) assignments could hike the UK’s decommissioning bill by…