10000 results found for 'Decommissioning'

10000 results found for 'Decommissioning'
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  • UK: DOF Subsea Wins Ivanhoe/Rob Roy Field Decommissioning Contract from Hess

    25 May 2011
    Business & Finance

      DOF Subsea UK, a subsidiary of DOF Subsea, has secured a decommissioning contract with HESS in the Ivanhoe/Rob Roy Field, North Sea. The project will last for approximately 21 days and is scheduled to start in Q3 2011. The Ivanhoe and Rob Roy fields are located approximately 120miles northeast of Aberdeen, in Block 15/21A […]

  • UK: Douglas-Westwood & Deloitte Publish Report on North Sea Oil & Gas Decommissioning Costs

    2 December 2011
    Business & Finance, Research & Development

      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 […]

  • 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.

  • 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.

  • 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 […]

  • Perenco acquires Petrobras’ hibernated assets, sets revival strategy

    5 August 2025
    Business Developments & Projects, Project & Tenders

    The Brazilian subsidiary of Anglo-French oil and gas player Perenco has finalized the acquisition of two concessions located in shallow waters in the Campos Basin from Brazil’s state-owned oil and gas giant Petrobras.

  • ‘One of largest’ UKCS producers born with NEO–Repsol merger

    30 July 2025
    Business Developments & Projects

    Aberdeen-based full-cycle energy business New European Offshore (NEO Energy) has completed its strategic merger with Repsol Resources UK, a subsidiary of Spanish energy giant Repsol.

  • 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 […]

  • 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 […]

  • ExxonMobil entrusts EnerMech with deepwater decom job at oil & gas project in US Gulf

    16 June 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    EnerMech, an Aberdeen-headquartered integrated solutions specialist, has secured a new decommissioning assignment for a 25-year-old oil and gas project in the Gulf of America, formerly the U.S. Gulf of Mexico.

  • 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.

  • Platform removal marks end of era in Norway’s energy history

    10 July 2025
    Business Developments & Projects, Project & Tenders

    Norwegian state-owned gas grid operator Gassco has completed one portion of the decommissioning job it is undertaking at a field in the North Sea.

  • 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 […]

  • £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.

  • Australia’s energy backbone: Oil & gas firms set to boost tax revenue with $21.9 billion

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

    While emphasizing that oil and gas companies are among Australia’s largest corporate taxpayers, Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has highlighted that the hydrocarbon industry will drive additions to taxes and royalties by pouring $21.9 billion.

  • 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 […]

  • 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 […]

  • 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%.

  • 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.

  • Financial go for first stage of Australian 1.5 GW interconnector

    4 August 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition, Vision

    Marinus Link, a 1.5 GW, 345-kilometer power interconnector project in Australia, has reached the final investment decision (FID) to proceed with the project’s first stage. The project, to be built in two 750 MW stages, will link North West Tasmania and the Latrobe Valley in Victoria, with 255 kilometres running undersea across Australia’s Bass Strait. […]