10000 results found for 'Decommissioning'

10000 results found for 'Decommissioning'
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  • After FEED work, McDermott nets subsea contract with Petronas off Brunei

    9 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Petronas Carigali Brunei, a subsidiary of Malaysia’s state-owned energy giant Petronas, has awarded McDermott with a subsea contract for a natural gas development project off the coast of Brunei. McDermott will provide engineering, procurement, construction, installation and commissioning (EPCIC) services for a subsea production system and associated infrastructure, including umbilicals, risers and flowlines, which will […]

  • Low oil prices could play pivotal role in boosting decommissioning spending, Rystad says

    25 May 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Operations & Maintenance, Outlook & Strategy

    With few profitable investment alternatives, operators are now likely to increase spending in decommissioning work, according to Rystad Energy.

  • ‘World’s largest’ jack-up starts first decom with Perenco post refurbishment

    15 September 2025
    Business Developments & Projects

    A heavy lift jack-up vessel owned by the Netherlands-based decommissioning services specialist Petrodec has started decommissioning work with the UK subsidiary of Anglo-French oil and gas player Perenco in the Southern North Sea (SNS).

  • Allseas tasked with dismantling long-serving platform in UK North Sea

    18 September 2025
    Business Developments & Projects, Project & Tenders

    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.

  • Repurposed North Sea rig closes its doors to go back to its decommissioning cycle

    2 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Equipment, Heavy lifting, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    SEE MONSTER, a decommissioned North Sea platform’s new lease on life has now come to an end and it is expected to be recycled in the UK.

  • NOIA depicts Gulf of America as anchor of US energy independence and maritime strength

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

    A new report, published by the National Ocean Industries Association (NOIA), has painted the Gulf of America (Gulf of Mexico) as one of the world’s most valuable and dynamic offshore energy regions, spotlighting it as a critical engine of innovation, economic strength, and national security.

  • Keppel breaks into decommissioning market with EUR140 million contract to build the world’s first concrete heavy lifter

    20 December 2006

    Keppel Offshore & Marine Limited (Keppel O&M) through its wholly owned subsidiary in The Netherlands, Keppel Verolme BV has secured a EUR140 million contract to build a floating heavy lifter for the decommissioning of offshore structures.

  • Low oil price to boost decommissioning on UKCS. 140 fields could cease over the next five years

    9 September 2015

    A high oil price has enabled operators to extend field life and delay decommissioning time and time again on the UK continental shelf (UKCS), however the current low oil price has brought into stark relief that this cannot continue indefinitely concludes a new analysis by Wood Mackenzie. The report, prepared for Offshore Europe 2015, forecasts […]

  • NERA launches decom centre to assist $40.5 billion market

    11 March 2021
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    National Energy Resources Australia (NERA) has launched the Centre of Decommissioning Australia (CODA) to address the challenges and maximise opportunities of decommissioning Australia’s ageing oil and gas infrastructure.

  • UK: North Sea Decommisioning Costs Could Hit Staggering Levels

    2 December 2011
    Business & Finance

    A £47.5 billion business opportunity is opening up for companies in decommissioning the North Sea’s huge infrastructure of offshore oil and gas fields according to new research recently published by Deloitte and Douglas-Westwood. The next 30 years will see enormous demand building for the services of supply chain players which will generate a large number […]

  • BP fires up more gas wells off Trinidad as terminal electrification works continue in Azerbaijan

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

    While construction activities for its terminal electrification project are underway in Azerbaijan, the UK-headquartered energy giant BP has drilled and put into production mode three remaining wells in its seven-well drilling campaign off the coast of Trinidad and Tobago.  

  • Petrofac adds third Gulf of Mexico field to its decom scope

    8 June 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Petrofac has expanded its decommissioning scope of work in the Gulf of Mexico further by adding another offshore field to its backlog. 

  • DNS Announces New ‘Lunch and Learn’ Event

    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 […]

  • Babcock Bags Rough Decom Deal from Centrica

    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 […]

  • Start of decommissioned North Sea platform’s new lease on life as ‘one of the UK’s largest public art installations’

    8 July 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    A decommissioned North Sea platform – SEE MONSTER – is on its way to be reimagined into the world’s first & only repurposed offshore platform.

  • £20 bln decom spend in the offing for UK’s oil & gas wells over next decade

    30 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Offshore Energies UK has predicted that about £20 bln will be spent on decommissioning North Sea oil & gas installations in the next decade.

  • OEEC: ‘The decom is real’

    10 October 2017

    Tuesday, October 10, the Offshore Energy Exhibition & Conference (OEEC) kicked off early in the morning in Amsterdam RAI with a technical session named Decommissioning, which was packed with visitors eager to learn more about this sector. The session focused on decommissioning and re-use plans for the offshore facilities in the North Sea, discussing what […]

  • Offshore Decom Spending Set for Growth, IHS Markit Says

    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 […]

  • NSTA’s map to help North Sea operators reduce subsea decom costs

    18 May 2022
    Business Developments & Projects, Collaboration, Outlook & Strategy, Regulation & Policy

    The North Sea Transition Authority (NSTA) has created a map and a dataset of assets to support four North Sea operators in their ambition to reduce subsea decommissioning costs by 50%.

  • IHS Markit: 600 offshore projects slated for disposal over five years

    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 […]

  • Shell Files Brent Decom Plan

    8 February 2017
    Business & Finance, Equipment, Operations & Maintenance

    Shell has submitted a decommissioning plan for the Brent oil and gas field to the Department for Business, Energy and Industrial Strategy (BEIS). Following submission, an extended 60-day public consultation has been initiated on recommendations to decommission the North Sea field. The field, located 115 miles north-east of the Shetland Islands has produced around three billion […]

  • With new offshore decom roadmap in place, Australia steps up collaboration with UK

    9 December 2024
    Business Developments & Projects, Collaboration, Outlook & Strategy

    The United Kingdom and Australia have inked a partnership agreement to advance offshore oil and gas decommissioning expertise and capabilities in both countries.

  • Ithaca hires UK decom specialist to carry out P&A ops in North Sea

    21 June 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Project & Tenders, Rules & Regulation

    Delek’s Ithaca Energy has picked Well-Safe Solutions to undertake well decommissioning operations in the North Sea.

  • Delays in plug & abandonment work may put $5.5 billion on UK decom tab

    11 March 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    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 $5.5 billion.

  • ‘Largest ever’ vessel-based UK North Sea decommissioning campaign wraps up, Mermaid Subsea reports

    12 November 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    Mermaid Subsea Services (UK) has performed what it says is the largest vessel-based UK North Sea decommissioning campaign ever. The project included the plugging and abandonment (P&A) of 21 wells spread across the Northern and Central North Sea over a duration of two years, carried out on behalf of an undisclosed North Sea operator. The […]