Offshore well plug and abandonment specialist Well-Safe Solutions has secured two new contracts totaling $25 million for well decommissioning work in the North Sea, using the Well-Safe Protector jack-up and Well-Safe Defender semi-submersible.The scopes comprise of well decommissioning activity in the UK Continental Shelf for approximately 170 days of firm work for Spirit Energy and an additional global operator…
Ocean Kinetics and Green Marine completed the decommissioning of OpenHydro’s pioneering tidal energy platform at the European Marine Energy Centre (EMEC) in Orkney.A joint venture partnership was formed in April to deliver the decommissioning contract…
Esso Australia, a subsidiary of ExxonMobil Australia, has hired Allseas for the removal of up to 12 retired oil and gas platforms from the Gippsland Basin in the Bass Strait, with a combined weight of approximately 60,000 tonnes.Allseas’ removal…
W&T Offshore, an independent driller operating in the U.S. Gulf of Mexico, has asked a federal judge to block insurance companies' demands for $250 million in additional collateral for taking apart old oil infrastructure.The offshore drilling…
Brazil's state-run oil firm Petrobras cut $1.1 billion in planned investments in decommissioning oil and gas platforms in its strategic plan for the 2025-2029 period, compared to what was earmarked in its 2024-2028 plan, the company told Reuters…
Australia’s Department of Industry has released an Australian Offshore Resources Decommissioning Roadmap that supports the Australian Government’s plan for a Future Made in Australia.Oil and gas titleholders will spend an estimated $60 billion…
Akastor's subsidiary DDW Offshore has secured a contract extension with Petrofac for its anchor handling tug supply (AHTS) vessel Skandi Emerald.The contract extension is for six months, meaning the contract term has now been extended to July 14…
Oil and gas decommissioning specialist CessCon Group has established a regional headquarters in Perth, marking its entry into the Australian market with the aim of capitalizing on the $50 million decommissioning opportunity for aging oil and gas platforms in the country…
McDermott has been awarded an engineering, procurement, removal and disposal (EPRD) contract by Santos for the decommissioning of the Harriet Alpha platform and associated infrastructure, located offshore Western Australia.The contract, valued between $50 million and $250 million…
Seabed intervention specialist Deep C has delivered a specialized lifting equipment to a Norwegian customer on a recent decommissioning project.The equipment, designed to comply with NORSOK R-002 standards, incorporates a double-barrier safety feature…
Well engineering specialist Elemental Energies and drilling and well services company Archer have entered into joint venture (JV) agreement to deliver integrated plugging and abandonment (P&A) services to global decommissioning projects.The…
Ocean services provider DeepOcean and well management and reservoir specialist EXCEED have entered into a collaboration agreement to supply vessel-based well plug and abandonment (P&A) services to the global decommissioning market.The two companies…
Mermaid Subsea Services (UK) has successfully concluded what is believed to be the largest vessel-based UK North Sea decommissioning campaign in history.Carried out on behalf of a North Sea operator, the project spanned two years and involved…
Mammoet has completed the load-in of the last and heaviest of the Brent oil and gas field topsides, Brent Charlie, which has been skidded onto the quayside for decommissioning operation.The Brent field, one of the largest oil and gas fields in the North Sea…
Norwegian offshore vessel owner Sea1 Offshore, formerly Siem Offshore, has secured a multi-well project for three anchor handling tug supply (AHTS) vessels in Australia.The contract begins in second to third quarter of 2025, for a firm period of around 380 days up to 670 days per vessel…
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