Aberdeen-headquartered Mermaid Subsea Services (UK) has plugged and abandoned (P&A) 30 wells in the UK North Sea during 2024, claiming that this is the highest number of vessel-based well decommissioning operations ever completed in a single year within the region. The work was carried out using the
SBM Offshore has divested another floating production, storage, and offloading (FPSO) unit, which is working off the coast of Guyana, enabling ExxonMobil to take possession of the third FPSO deployed at the Stabroek block.
