10000 results found for 'Decommissioning'

10000 results found for 'Decommissioning'
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  • £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.

  • 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.

  • 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 […]

  • 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.

  • 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 […]

  • Petrofac’s year off to a ‘great’ start with $500M worth of contracts in the bag

    2 April 2025
    Business Developments & Projects, Project & Tenders

    The Asset Solutions division of the UK-headquartered oilfield services provider Petrofac has won multiple scope expansion and new contracts across several continents.

  • 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.

  • ‘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 […]

  • Shetland to become leading decom hub in Northern North Sea?

    20 August 2014

    £20m investment in Shetland to secure its place as a global decommissioning centre of excellence.

  • Fatal accident in Alang raises fresh concerns as Hong Kong Convention nears entry into force

    18 June 2025
    Authorities & Government, Environment, Safety, Vessels

    Just weeks ahead of the entry into force of the Hong Kong Convention (HKC) for the safe and environmentally sound recycling of ships, another accident has claimed the life of a shipbreaking worker in Alang, India—widely regarded as the world’s largest ship dismantling yard and one that asserts its compliance with the convention’s standards. According […]

  • Claxton, LR Senergy join forces to provide decom services

    19 November 2015
    Business & Finance, Equipment

    Claxton Engineering Services Ltd, a UK-based oil and gas engineering and service company, has formed a collaborative alliance with energy services firm LR Senergy. The alliance has been formed to incorporate end-to-end offshore rig-based decommissioning services in its portfolio. Nick Wood, VP commercial, Claxton, said, “Combining Claxton’s decommissioning expertise with LR Senergy’s wealth of well […]

  • Morrison wins GoM decom work with Hoactzin

    23 September 2020
    Infrastructure, Operations & Maintenance, Project & Tenders

    Louisiana-based contractor Morrison has won a contract from Hoactzin for a turnkey decommissioning project in shallow waters of the Gulf of Mexico. Specifically, Morrison will be responsible for the total field decommissioning for the six structures within the Hoactzin facility. “What we can provide is extremely unique in that we are one of very few […]

  • Scottish supply chain ‘set to benefit’ from new decom fund

    8 February 2017

    Scottish government has launched a new £5 million ($6.2M) fund that will provide opportunities for the supply chain in the country to benefit from the decommissioning of the North Sea infrastructure. The Decommissioning Challenge Fund (DCF) will support infrastructure upgrades and innovation in salvage and transport methods at Scotland’s ports and harbors. It will also encourage […]

  • UK’s offshore oil & gas decom bill to hit £24.6 billion by 2033

    19 November 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    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.

  • UKCS decom to cost over $23B in next decade

    9 October 2014

    Oil & Gas UK today launches its annual Decommissioning Insight – an industry forecast for decommissioning activity and expenditure on the UK Continental Shelf (UKCS).   This year the report focuses on the activity of 28 operators in the UKCS – providing intelligence on their decommissioning plans for the next 10 years. Data was compiled […]

  • Decom North Sea hosts Networking breakfast during OTC

    6 May 2014
    Business & Finance

    The Gulf of Mexico (GoM) is one of the most important regions for energy resources and infrastructure, producing 370 million barrels of oil and 1,103 billion cubic feet of natural gas in 2013, worth an estimated $40 billion. As the industry matures, record levels of infrastructure are facing decommissioning and in a bid to identify […]

  • Minister Ewing to Speak at DecomWorld Conference (UK)

    15 October 2013
    Business & Finance

    With exactly a year to go before the historic vote on Scottish independence, DecomWorld has announced that Scotland’s energy minister, Fergus Ewing, will deliver the keynote address at the 10th annual North Sea Decommissioning conference in December. He is expected to outline what the industry can expect under an independent Scotland. The huge bill for […]

  • Decom North Sea launches knowledge sharing website

    23 August 2016

    Decom North Sea (DNS), the representative body for the offshore decommissioning industry in the UK, has launched its Late Life Planning Portal, described as  a “web-based decommissioning tool.” DNS said on Tuesday that the newly launched operational website, also known as L2P2, has been designed to support the North Sea oil and gas industry in the […]

  • DNS to Host Decom Offshore 2015

    18 February 2015
    Business & Finance

    Decom North Sea (DNS), the representative body for the offshore decommissioning industry, will continue its work to drive and facilitate a sustainable and efficient decommissioning industry by hosting Decom Offshore 2015.  Entitled ‘Decommissioning – The Economic and Operational Challenges’, this one-day conference is sponsored by DNV GL and will take place in Aberdeen, on May […]

  • AMEC’s qedi Wins Valhall Decom Gig (Norway)

    19 December 2012
    Business & Finance

    AMEC, the international engineering and project management company announces that subsidiary qedi, a market-leading oil and gas completions and commissioning services company, has been awarded a decommissioning management services contract for three platforms in BP Norway’s Valhall development. qedi’s contract will commence in December 2012 with the decommissioning of the Valhall Production and Compression Platform, […]

  • BP hands out multi-year global master agreement to Well-Safe Solutions

    1 December 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    BP has hired Well-Safe Solutions on a long-term global master agreement for well engineering and decommissioning support services.

  • USA: MPR Federal Services Secures Two-Year Newport News Contract

    16 May 2012

    MPR Federal Services has recently been awarded a two-year contract by Newport News Shipbuilding to design, manufacture, and deliver eight ventilation platforms to support the decommissioning of USS ENTERPRISE (CVN 65). Newport News Shipbuilding is a division of Huntington Ingalls Industries. “The USS ENTERPRISE is the first US nuclear powered aircraft carrier to be decommissioned. […]

  • New Major Vessels: BC Ferries taps Chinese shipyard to build four hybrid ships

    12 June 2025
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Project & Tenders, Vessels

    Pressing on with fleet renewal and the New Major Vessels (NMVs) project, Canada’s ferry operator BC Ferries has contracted China Merchants Industry Weihai Shipyards (CMI Weihai) to build four new ships with diesel-battery hybrid propulsion systems.

  • UK: Minister Ewing to Speak at DecomWorld Conference

    16 October 2013
    Business & Finance

    With exactly a year to go before the historic vote on Scottish independence, DecomWorld has announced that Scotland’s energy minister, Fergus Ewing, will deliver the keynote address at the 10th annual North Sea Decommissioning conference in December. He is expected to outline what the industry can expect under an independent Scotland. The huge bill for […]