Australia has stunned the oil industry with a levy to cover the estimated $200 million cost of removing facilities and cleaning up the area around an oil field off northwest Australia after the small company that owned the project collapsed.The move, announced in the government’s 2021-22 budget on Tuesday night, came as a surprise as it was not flagged in a proposed new framework for decommissioning rules set out last month…
International well plug and abandonment specialists Well-Safe Solutions have announced Well-Safe Resources; a new business function focusing on deploying well engineering and project management talent worldwide.The newly-formed Well-Safe Resources service offering will be headed by Steve Combe…
Offshore energy industry services provider McDermott has secured a contract for offshore decommissioning work in Australia with the oil and gas firm Woodside Energy.The contract calls for the complete removal of the Stybarrow disconnectable…
Woodside Energy has now awarded all the major contracts for the decommissioning of subsea infrastructure at the Enfield, Griffin, Stybarrow and Echo Yodel oil and gas fields offshore Western Australia.Finalisation of the contracts supports commencement…
UK-based oil and gas company Hurricane Energy has hired the Stena Don semi-submersible drilling rig for the plugging and abandonment of its Lincoln-14 offshore well west of Shetland.The Lincoln-14 well, formally named the 205/26b-14, is located…
Qatari gas company Qatargas has awarded additional work to Italy's Saipem within the North Field Production Sustainability Offshore Project, following a $1.7 billion contract announced in February.Qatargas has now exercised two options for additional work under the project…
Six oil and gas operators in The Netherlands, within the Nextep partnership, are working on a major campaign to decommission oil and gas wells as part of a single campaign. Nexstep, the Dutch association for decommissioning and reuse of oil and gas infrastructure…
First Subsea and James Fisher Offshore (JFO) have this week said they've completed a significant testing milestone in their joint development of a combined Internal Cut and Lift tool, as part of an Oil and Gas Technology Centre (OGTC) co-investment…
Oil and gas company Noreco has said that the Tyra East and Tyra West integrated processing and accommodation platforms in the Danish North Sea have been safely removed, as part of the Tyra redevelopment project.Allseas’ Pioneering Spirit vessel has earlier this week removed the 14…
Dutch offshore services provider OOS International has joined an offshore decommissioning consortium created by Lloyd’s Register and Worley, in a push to drive down the costs of offshore decommissioning.'Decommissioning, for many, remains an uncertain cost burden…
Malaysian energy and offshore services company Sapura Energy has revealed it has recently secured a batch of contracts across Southeast Asia worth RM766 million ($179,6 million) in total.The contracts are secured by Sapura Energy's subsidiaries…
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