Search results for: Decommissioning

3265 results

A list of search results

  • 30 November 2016
    Business & Finance, Equipment

    The decommissioning of aging offshore oil and gas platforms, subsea wells and related assets is increasing dramatically, with more than 600 projects expected to be disposed of during the next five years alone. This will cause spending to rise significantly, according to a new study by IHS Markit an information and analytics group. IHS Markit expects […]

  • 14 November 2016

    Enhanced Government support and following through on Budget promises are needed if UK industry is to cash in on multi-billion-pound decommissioning projects in the North Sea, Pinsent Masons, a UK law firm says. In a statement on Monday, the company said that Scottish ports were also at risk of losing out to European and Scandinavian […]

  • 4 October 2013
    Business & Finance

    Oil & Gas UK has, on October 2, published a suite of documents which highlight the need for the industry to prepare for forthcoming decommissioning projects and increase the efficiency of related processes. The publications feature information gathered on the scale of decommissioning activity to come on the UK Continental Shelf (UKCS), experiences of and […]

  • 3 October 2013
    Research & Development

    Oil & Gas UK  published a suite of documents which highlight the need for the industry to prepare for forthcoming decommissioning projects and increase the efficiency of related processes. The publications feature information gathered on the scale of decommissioning activity to come on the UK Continental Shelf (UKCS), experiences of and lessons from pipeline decommissioning […]

  • 20 July 2020
    Business developments & projects

    Hiretech Limited has taken delivery of newly built subsea shears and hydraulic grabs as part of a recent GBP 600k investment in decommissioning equipment. Hiretech’s Decommissioning and Subsea Business Development manager, Duncan Duthie, said: “We were keen to pinpoint the correct target for our investment, and collaborated with our clients and the manufacturer to go […]

  • 18 November 2016
    Business & Finance, Operations & Maintenance, Research & Development

    Bureau of Safety and Environmental Enforcement (BSEE) has released final pipeline decommissioning costs regulations to reduce risks offshore. The final “Oil and Gas and Sulphur Operations on the Outer Continental Shelf—Decommissioning Costs for Pipelines” rule will amend existing BSEE regulations to require lessees, owners of operating rights, and right-of- way holders to submit summaries of […]

  • 27 March 2019

    The UK taxpayers might have to contribute much more to the cost of decommissioning of offshore oil and gas platforms in the North Sea through tax reliefs than the £24 billion estimated by HMRC, UK MEPs have warned of Tuesday, calling for more clarity on the expected spending.

  • 14 October 2015

    Offshore Energy Exhibition and Conference (OEEC) 2015 wrapped up its second day with a technical session about decommissioning. The session was packed with visitors looking to find out the latest decommissioning figures and recent experiences in decommissioning projects. The session was moderated by Eric van Ewijk, Asset Manager with EBN BV and featured the following […]

  • 30 November 2016
    Research & Development

    The decommissioning of aging offshore oil and gas platforms, subsea wells and related assets is increasing dramatically, with more than 600 projects expected to be disposed of during the next five years alone. This will cause spending to rise significantly, according to a new study by IHS Markit an information and analytics group. IHS Markit expects […]

  • 2 October 2018
    Business & Finance

    Oil & Gas UK has appointed a team of decommissioning experts to serve the growing needs of its members and key stakeholders.

  • 7 July 2016

    While the low oil and gas prices have been bad news for almost everybody in the business of selling oil and oilfield services, there might be a niche sector that could benefit  –  decommissioning. According to a recent report by Douglas-Westwood, an energy intelligence group, there is a big opportunity for the companies specializing in […]

  • 2 July 2019
    Exploration & Production

    The cost of offshore oil and gas infrastructure decommissioning in the UK North Sea is continuing to fall, the UK Oil and Gas Authority (OGA) has said.

  • 28 July 2016

    Dutch shipbuilder Damen Shipyards has made a move in decommissioning market by announcing its latest vessel concept, the Damen Decommissioning Series. Damen said on Thursday that the design is based on an in-house research carried out at Damen by one of its undergraduate interns. The new vessels will specialize in three core areas of the oil and gas […]

  • 17 June 2020
    Collaboration, Heavy lifting, Vessels

    A global decommissioning services consortium has added a specialist heavy lift vessel operator.

  • 2 May 2018
    Equipment

     Lloyd’s Register (LR), WorleyParsons, and Ardent have partnered up to create what they call a collaborative supply chain approach to global decommissioning

  • 8 September 2017
    Operations & Maintenance, Project & Tenders

    Babcock is working with Centrica Storage to plan for decommissioning of the Rough 47/8A platforms and infrastructure in the southern North Sea.      The assets to be decommissioned comprises two bridge linked platforms currently shut in ahead of decommissioning. This initial decommissioning contract for Babcock will provide all aspects of governance and compliance prior to start […]

  • 22 October 2014
    Business & Finance, Operations & Maintenance

    Recent reports indicate that the scale of opportunity arising from North Sea decommissioning is growing, with industry set to spend at least £35billion by 2040. As the dedicated North Sea industry forum, Decom North Sea (DNS) facilitates and drives collaboration with the key objective of delivering the most efficient and cost effective end of asset […]

  • 18 March 2016
    Business & Finance, Operations & Maintenance, Research & Development

    Subsea engineering and training company, Jee, will host a free-to-attend offshore decommissioning webinar on April 13 2016. The webinar, titled ‘Innovation and efficiency in decommissioning’ will be presented by Head of Late Life, Graham Wilson. It will discuss how decommissioning can be done differently to realise cost savings and environmental and safety benefits. “The growing […]

  • 17 February 2017

    MDT International, a global training provider to the oil and gas industry, has entered into a strategic partnership to help energy businesses plan for decommissioning. The company will work with two decommissioning consultancies, Strategic Decom and Well Decom, to prepare companies for the safe, efficient and cost-effective decommissioning of assets. Drew Leitch, managing director of […]

  • 17 July 2017
    Business & Finance

    UK’s offshore oil and gas industry regulator, the Oil and Gas Authority (OGA), has named an acting head of decommissioning until a process of recruiting a permanent head is completed. The OGA said on Monday that it named Gunther Newcombe, current director of operations, as the acting head of decommissioning. The organization added Newcombe would […]

  • 17 November 2016

    Lloyd’s Register, a global engineering, technical and business services organization, has launched a new decommissioning service, with the timing coinciding with the Offshore Decommissioning Conference 2016 held this week in the UK. Lloyd’s Register said on Wednesday that the new service would help operators, equity holders, investors and regulators navigate through regulatory and technical complexities […]

  • 8 August 2017
    Business & Finance, Operations & Maintenance, Research & Development

    The MER UK Decommissioning Task Force has received outputs from workshops arranged by Task Groups in support of the goal to ‘minimise the cost of decommissioning in an appropriate manner with a focus on delivering what would otherwise not be delivered by industry.’ Two workshops were organised, namely: Delivery Capability Theme – Contracting and Execution Model […]