Endeavor Management released a proposal for a joint industry project (JIP) to support the industry’s need for global best practice development in subsea decommissioning. The genesis of this JIP is the work completed for Petrobras by Endeavor…
Norway’s Standlifter has developed a decommissioning jackup concept. The concept, shown during Norway’s Subsea Valley conference in April, is a jackup equipped for plugging and abandonment (P&A) and decommissioning operations in up to 300ft water depth…
Wells and facilities decommissioning around the world is entering a new era. Some drivers for the changes in decommissioning are eco-awareness, a recent particularly onerous cycle of climatic events, facility design evolution, the glaring…
As decommissioning begins in earnest in the UK North Sea, the real cost of decommissioning is starting to be seen. Elaine Maslin reports on a study conducted to assess the increasing costs. The…
Decommissioning, plugging and abandonment, well workovers, EOR, and even offshore renewables maintenance could be performed from the dual decks of the CDC Heron. Elaine Maslin reports. The CDC Heron multipurpose vessel design…
Within the next few years, a couple of major decommissioning projects are set to start in the UK sector of the North Sea at the Brent and Murchison fields — and there are plenty of other projects in the pipeline. John Bradbury outlines the activity…
There has been much uncertainty in recent years around the tax relief available to companies as part of the decommissioning process, as a result of a constantly changing UK tax regime. Oil and gas companies have commonly been required…
Oil and gas supply chain leaders need to drive “transformational change” to bring down costs before the multi-billion North Sea decommissioning program will start, a leading industry figure said. Supply chain companies in the East of…
Optimus Seventh Generation, an Aberdeen-headquartered behavioral change consultancy, has strengthened its safety portfolio by securing its first decommissioning contract in a six-figure agreement with a major North Sea operator. The four-month contract…
Harkand began decommissioning work on the UK Continental Shelf at Maersk Oil UK’s Leadon field. The Harkand Da Vinci DSV. From Harkand. In March, the IRM firm secured a multi-million dollar…
The Petroleum Safety Authority Norway has granted ConocoPhillips consent to use the Maersk Gallant mobile drilling facility for plugging and abandoning a production well at Eldfisk 2/7 A. Eldfisk is an oil field lying due south of Ekofisk in 70-75m of water in the southern North Sea…
The plugging and abandonment (P&A) of offshore wells represents a significant cost to operating companies and national authorities. On the Norwegian Continental Shelf (NCS) alone, the cost is estimated to be US$108 billion (NOK 870 billion) during the next 40 years…
Peterson and UK-based Veolia announced a US$1.5 million investment in the development of a new, purpose built decommissioning facility in Great Yarmouth. The new site in Great Yarmouth port, operated with joint venture partner Veolia…
The Aberdeen & Grampian Chamber of Commerce released findings today (11 June) from its 22nd Oil and Gas Survey conducted in partnership with law firm Bond Dickinson, which revealed startling new numbers showing that confidence levels in the…
The global capital spending on newbuild and converted floating production storage and offloading (FPSO) vessels could reach US$8.65 billion this year, according to consultancy firm Visiongain. The largest spend will be focused on offshore…