According to latest figures from Oil & Gas UK, decommissioning is the only business area where expenditure increased last year on the UKCS, from just over US$1.2 billion (£1 billion) in 2015 to $1.5 billion (£1.2 billion) in 2016. Expenditure is expected to rise further in 2017 to around $2…
A new cost estimate for decommissioning all oil and gas infrastructure on the UK Continental Shelf has been put at US$77.45 billion (£59.7 billion), an increase on previous estimates of US$68.79 (£53 billion). But, the Oil and Gas Authority…
Pedro Parente (right), CEO of Petrobras, and Robin Watson, CEO of Wood Group, are to speak at the opening plenary session at SPE Offshore Europe 2017, which is being held in Aberdeen from 5-8 September 2017. They will join Ben van Beurden…
Shell has awarded Wood Group a contract in support of its decommissioning the Brent Bravo platform in the UK North Sea. Effective immediately, Wood Group will prepare the platform for removal via a single lift using the Pioneering Spirit heavy lift vessel…
ConocoPhillips will choose Heerema Marine Contractors and AF Gruppen to remove and dispose of platforms connected to the Ekofisk field in the Norwegian North Sea. Ekofisk was the first oilfield discovered in the North Sea, is one of the…
Shell CEO Ben van Beurden is to speak at the opening plenary session at SPE Offshore Europe 2017, which is being held in Aberdeen from 5-8 September 2017. van Beurden will address several hundred oil and gas industry professionals in…
BP group chief executive Bob Dudley will underline the value of the North Sea in the oil major’s global portfolio when he leads the opening plenary session at SPE Offshore Europe 2017 being held in Aberdeen from 5-8 September 2017. Dudley…
A new US$6.29 million (£5 million) fund has been launched to provide opportunities for the supply chain in Scotland to benefit from the decommissioning of North Sea infrastructure. The Decommissioning Challenge Fund (DCF), launched by the Scottish government…
Finalists for the 2017 Offshore Achievement Awards, supported by OE (Offshore Engineer) have been unveiled today. Hosted by the Society of Petroleum Engineers (SPE) Aberdeen Section, the annual awards recognize some of the industry’s…
Decommissioning offshore structures isn’t going away any time soon and research points to a US$210 billion bill for this activity from 2020-2040 worldwide. John Bradbury looks at the market. Allseas’…
A new decommissioning action plan launched today by the Scottish government’s economic development agencies hopes to help Scotland’s oil and gas sector take advantage of the estimated £17.6 billion forecast by Oil & Gas UK to be spent on…
Utility ROV Services (URS) has developed a new Mattress Recovery Tool (MRT) for the oil and gas decommissioning market. The tool has been designed to recover concrete mattresses that have been installed extensively in oil and gas fields to protect subsea piping…
Decom North Sea elected eight new board directors and re-elected one director from across a range of sectors within the oil and gas industry. Image of Esson, from Decom North Sea. New directors have been named as: Simon Gibb…
Four companies have joined forces to offer a decommissioning service under one collaborative offering. Integrated DECOM, formed by DNV GL, Costain, Axis Well Technology and BMT Cordah, will offer front-end engineering and environmental…
Subsea services provider DOF Subsea said it has been awarded a contract by Ithaca Energy for phase 1 of the decommissioning of the Ithaca-operated Athena field in the UK North Sea. Athena is in UK Continental Shelf block 14/18B in the…
