Category: Decommissioning
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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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Heerema secures decom contract for BP’s North Sea platform
Heerema secures decom contract for BP’s North Sea platform Heerema Marine Contractors has secured a decommissioning contract with the U.K.-headquartered energy giant BP. The post Heerema secures decom contract for BP’s North Sea platform appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz
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Allseas tasked with dismantling long-serving platform in UK North Sea
Allseas tasked with dismantling long-serving platform in UK North Sea Allseas has won a contract with TAQA UK for the engineering, preparation, removal, and disposal (EPRD) of a platform in the UK Central North Sea. The post Allseas tasked with dismantling long-serving platform in UK North Sea appeared first on Offshore Energy. Dragana Nikše Go…
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Kent buys decommissioning services firm in bid to become full-service energy provider
Kent buys decommissioning services firm in bid to become full-service energy provider As part of its goal to become a full-service partner across the energy lifecycle, […] The post Kent buys decommissioning services firm in bid to become full-service energy provider appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Kent expands Timor Sea decom role with new advisory contract
Kent expands Timor Sea decom role with new advisory contract The Australian Government has picked Dubai-headquartered engineering and services company Kent to support the permanent plugging and abandonment (P&A) of an oilfield duo in the Timor Sea, offshore Australia. The post Kent expands Timor Sea decom role with new advisory contract appeared first on Offshore…
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Vietnamese oil platform undergoing decommissioning catches fire
Vietnamese oil platform undergoing decommissioning catches fire A fire has broken out at a platform offshore Vietnam operated by Vietnam Oil and Gas Operating Company (PVEP POC). The post Vietnamese oil platform undergoing decommissioning catches fire appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz
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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…
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UK’s offshore oil & gas decom bill to hit £24.6 billion by 2033
UK’s offshore oil & gas decom bill to hit £24.6 billion by 2033 Offshore Energies UK (OEUK) has outlined in its new report that decommissioning work could account for 22% of the cumulative oil and gas spend over the next ten years. The post UK’s offshore oil & gas decom bill to hit £24.6 billion…