10000 results found for 'Decommissioning'

10000 results found for 'Decommissioning'
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  • Santos offloads Australian non-core gas assets to Eni and Comet Ridge

    17 December 2025
    Business & Finance, Business Developments & Projects

    Australian energy player Santos has embarked on a portfolio optimization quest by divesting its stake in offshore fields to Eni Australia, a subsidiary of the Italian giant Eni, and striking a deal to dispose of its operated interest in another asset in Australia.

  • Boskalis Subsea Services launches large-scale recruitment drive for new ROV department

    5 January 2026
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Boskalis Subsea Services, provider of IRM, construction and decommissioning services, has launched a large-scale recruitment drive to support the expansion of its remotely operated vehicle (ROV) capabilities. Boskalis Subsea Services recently established a dedicated ROV department, backed by its Remote Operations Centre (ROC) in Aberdeen, which opened in 2025, and is therefore undertaking the recruitment […]

  • Huge 27-year-old pipelayer prepares for major upgrade after producing final double joint

    4 September 2025
    Business & Finance, Business Developments & Projects, Equipment, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Allseas’ Solitaire, one of the world’s largest pipelay vessels, has produced its final double joint in its current setup before starting a major modernization process that will further advance its installation capabilities and production efficiency. Allseas announced at the beginning of this year that it had awarded a contract for the double joint factory (DJF) […]

  • $25.6M acquisition expanding Serica’s North Sea footprint

    30 September 2025
    Business & Finance, Business Developments & Projects

    The UK-based upstream oil and gas player Serica Energy has signed a sale and purchase agreement to acquire 100% of the issued share capital of Prax Upstream from Prax Exploration & Production.

  • Petrofac staying longer on North Sea assignment with Shell’s affiliate

    15 September 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    UK-headquartered oilfield services provider Petrofac has secured a contract extension in the North Sea, which will enable it to keep working for a subsidiary of Shell, a compatriot energy giant.

  • DOF lands work in the Atlantic, secures multi-year North America contract with Shell

    22 December 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Norwegian vessel owner DOF Group has secured several new contracts in the Atlantic region, as well as a multi-year contract in the North America region for Shell. The contracts in the Atlantic region have a combined value of over $60 million, excluding optional work, and will be executed primarily using DOF‘s regional fleet during the […]

  • NextGeo finalizes acquisition of share in Italian subsea services firm

    5 September 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vision

    Italy-headquartered Next Geosolutions (NextGeo) has completed the acquisition of 75.4% of the share capital of RANA Subsea, a compatriot subsea services company established in 1964, thereby expanding its operations into the Mediterranean and West African countries and broadening its range of services. Following the closing, the new corporate bodies of RANA Subsea were appointed, with […]

  • Liebherr muscle to help Petrodec with heavy lifts in North Sea

    12 September 2025
    Business Developments & Projects

    Construction equipment manufacturer Liebherr has supplied three cranes for a jack-up vessel owned by the Netherlands-based decommissioning services specialist Petrodec.

  • One of world’s deepest interconnections to enter commercial operation in two months

    27 August 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    The Crete-Attica electrical interconnection, the largest electricity transmission project in Greece, has completed a three-month testing phase, marking entry into the final stage before official commercial operation. With a budget of over €1.1 billion, the cable link connects the Attica region on the Greek mainland to the Heraklion area in Crete, thanks to Nexans providing one 500 […]

  • Oil & gas asset consolidation in full swing in UK North Sea: Harbour makes a play for Waldorf

    12 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    London-listed oil and gas company Harbour Energy has taken a step to bring into its fold all subsidiaries of Waldorf Energy Partners Limited (WEPL) and Waldorf Production Limited (WPL), currently in administration, for $170 million. This move will bolster Harbour’s portfolio in the UK sector of the North Sea.

  • DeepOcean winding down North Sea FPSO disconnection gig for TotalEnergies

    25 November 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    DeepOcean is close to crossing the finish line for an assignment in the North Sea, which entails the disconnection and tow of a floating production, storage, and offloading (FPSO) vessel, alongside the removal of associated subsea infrastructure on the UK Continental Shelf (UKCS).

  • UK-Slovenian partnership targets seabed data

    26 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders

    UK-headquartered Ocean Geophysics and Slovenia-based HighTide have entered into a joint venture (JV) agreement to combine their seabed and data solutions for offshore wind, cable and pipeline installation, and oil & gas. As part of the partnership, the renewable energy industry suppliers will combine Ocean Geophysics’ large-scale geophysical processing and interpretation with HighTide’s specialist expertise […]

  • Multiple subsea robotics contracts with Petrobras bring $180 million to Oceaneering

    1 September 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Vessels

    U.S. subsea engineering and applied technology firm Oceaneering International has secured multiple subsea robotics contracts with Brazilian state-owned energy giant Petrobras that have an anticipated aggregate revenue of approximately $180 million. Following a competitive tender, Oceaneering’s Brazilian subsidiary Marine Production Systems do Brasil (MPS) was awarded the contracts during the second quarter of 2025 for […]

  • WATCH: Allseas vessel on decom quest carries out this year’s largest single lift in North Sea

    14 August 2025
    Business & Finance, Business Developments & Projects, Heavy lifting, Vessels

    EnQuest has tucked a new decommissioning milestone under its belt in the UK sector of the North Sea, thanks to the assistance received from a heavy lift vessel owned by Allseas, an offshore pipeline installation, heavy lift, and subsea construction contractor.

  • Gas field charting its development course as Aphrodite embarks on FEED journey

    24 December 2025
    Business & Finance, Business Developments & Projects

    Chevron Cyprus, a subsidiary of the U.S.-headquartered oil major Chevron, and its partners, BG Cyprus (Shell) and NewMed Energy, have decided to move forward with a front-end engineering design (FEED) work for an offshore gas field reservoir in Block 12, located in the Eastern Basin of the Mediterranean Sea.

  • Acteon-Jumbo partnership’s end-to-end offering enriches offshore oil & gas and wind realms

    15 September 2025
    Business & Finance, Business Developments & Projects, Collaboration

    A new strategic alliance – made up of Jumbo Offshore, a Dutch transportation and installation player, and Intermoor, Acteon’s moorings and anchors business line – has appeared on the offshore oil, gas, and wind scene to tackle floating energy challenges by jointly delivering fully integrated project management, engineering, transport, and installation services.

  • $4 billion oil & gas assignment in Middle East breaks Chinese companies’ record

    11 September 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Qatar’s state-owned oil & gas giant QatarEnergy has entrusted China’s Offshore Oil Engineering Company (COOEC) with two segments of work related to its redevelopment project off the Persian Gulf state’s coast. This package set, worth approximately $4 billion, is said to set a new contract value record for Chinese enterprises in the Middle East region’s offshore oil and gas realm.

  • USV in action for TotalEnergies offshore Norway

    20 August 2025
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Technology, Vessels, Vision

    Norway’s Reach Subsea has performed a subsea inspection campaign at TotalEnergies’ fields on the Norwegian Continental Shelf (NCS) using its Reach Remote 1 uncrewed surface vessel (USV). The annual inspection of subsea production systems and Xmas trees also included integrity checks, assessment of anode status, and seabed condition surveys at the Skirne, Byggve, and Atla […]

  • BW Energy enters Angola’s offshore oil & gas playground with new acquisition

    12 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Oslo-listed oil and gas E&P player BW Energy has struck a deal to get hold of minor stakes in two blocks off the coast of Angola.

  • Kent expands Timor Sea decom role with new advisory contract

    13 August 2025
    Business Developments & Projects, Project & Tenders

    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. 

  • Green light for $1.8 billion oil redevelopment in Norwegian waters

    16 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    ConocoPhillips, and its partners, Vår Energi, Orlen Upstream Norway, and Petoro, have sanctioned a project on the Norwegian Continental Shelf (NCS) that aims to extend the life of the Greater Ekofisk Area (GEA) through the redevelopment of previously produced fields (PPF) to enhance production capabilities and ensure long-term value creation off the coast of Norway. 

  • Wheels up for CB&I to bring Petrofac’s Asset Solutions business into its fold

    25 December 2025
    Business & Finance, Business Developments & Projects

    CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has made a play for Petrofac’s Asset Solutions business, a provider of operations, maintenance and decommissioning services for onshore and offshore energy assets. This move is expected to enable the buyer to diversify and enlarge its footprint through integrated solutions, earnings growth, and geographic expansion.

  • North Sea field closing 56-year gas chapter as Eni explores its CCS future

    17 October 2025
    Business Developments & Projects, Carbon Capture Usage & Storage

    Italy’s oil and gas giant Eni has drilled an appraisal well for a veteran field in the UK sector of the North Sea to assess its potential for carbon capture and storage (CCS).

  • North Sea oil & gas operators urged to up production ante by stepping up well intervention and development drilling game

    28 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    As energy security concerns continue to run the show, Great Britain’s regulator, the North Sea Transition Authority (NSTA), has called on oil and gas operators to join forces and bolster well interventions and development drilling activities to revive shut-in wells to sustain domestic oil and gas production, which will lower the reliance on energy imports, support the supply chain, and unlock cost-efficient energy output.

  • Asbestos scandal engulfs Italian ferry after controversial Croatia refurbishment plan

    2 September 2025
    Environment, Safety, Vessels

    The Italy-flagged ferry Moby Drea, once cleared by Italian authorities for refurbishment in Croatia, has re-emerged as a controversial dismantling case after protests from Croatian civil society organizations exposed its heavy asbestos contamination, raising questions over regulatory oversight and the vessel’s true fate. As informed, news that a fifty-year-old Italian ferry was bound for Croatia […]