Well-Safe Solutions, a well plug and abandonment specialist, has strengthened its commercial team by hiring Paul Simpson as Business Development Manager in a bid to continue its international
Elemental Energies, an independent wells expert, has won a UK£10mn contract with Archer, a provider of drilling, P&A and well services, to help support a major decommissioning project in the UK North Sea.
As per the agreement, Elemental
UK well operator, Exceed, is expecting to see record-breaking revenues for the current financial year with an annual revenue of around UK£30mn – 40% of which will be attributed to decarbonisation
Expro has announced it has entered into a definitive agreement to acquire the offshore services provider, PRT Offshore, in a bid to expand its portfolio of cost-effective technology services and solutions.
Upon
Oilenco has secured numerous contracts for the supply of plug and abandonment (P&A) tooling packages to operators and decommissioning specialists across Europe.
The packages include the Oilenco pressure wave valve, an
The Port of Blyth, locate between Aberdeen and Great Yarmouth in the UK, working together with Thompsons of Prudhoe, has welcomed 7,000 tonnes of offshore infrastructure to be
Fugro, a leading geo-data specialist and surveying services company, has completed the Middle East’s first remotely operated subsea inspection using a low-carbon emission unscrewed surface vessel (USV).
The company deployed the Fugro Pegasus USV (which is part of the Blue Essence fleet, built by SEA-KIT International)
Perenco and Carbon Catalyst Limited (CCL) have been awarded a licence to progress the Poseidon carbon capture and storage (CCS) project following the conclusion of the first
The recent 'Decommissioning and Abandonment Australia 2023' conference held in Perth saw many insightful presentations from a distinguished list of speakers. On the legal and regulatory side, Ben Adamson, a
Archer has been awarded a US$165mn decommissioning contract by Repsol Sinopec Resources UK Ltd. for the execution of plug and abandonment (P&A) services in the Fulmar and Halley Fields in the North Sea.
The awarded
According to new research by the North Sea Transition Authority (NSTA), the oil and gas industry in the North Sea spent UK£1.6bn on decommissioning redundant wells and infrastructure last year.
This figure
Spirit Energy is celebrating its busiest-year-to-date in regards to decommissioning activities across the Central North Sea (CNS), Southern North Sea (SNS) and East Irish Sea.
Some of the recent work to complete includes the final phase of the campaign to remove the
The global offshore well intervention market is set for a period of extended growth in light of stable oil prices forecast in the short-term, maintained oil demand in the medium- and possibly long-term, and ever-increasing environmental pressures.
Globally, spending on well intervention is on the rise with Rystad Energy predicting an increase by
C-Kore Systems has announced the successful completion of a decommissioning campaign offshore Western Australia.
The campaign was completed using C-Kore Sensor Monitor units to interrogate the wellhead pressure and temperature sensors on the oilfield.
Reflex Marine's STORM-WORK suspended work basket was successfully employed in its 100th offshore project in October 2020.
The STORM-WORK was designed specifically for offshore industrial work activities and was very well
Global well integrity specialist Coretrax is planning for future growth following a slew of recent project wins, with company headcounts rising by 20% to 300 people over the last year.
The business has expanded operational bases in the US,
International well plug and abandonment specialists, Well-Safe Solutions, are expanding into the Asia Pacific region with the appointment of Massimo Delia as General Manager of the newly created Well-Safe Solutions Pty Ltd.
Based in Perth, Australia, Massimo
Allseas has awarded Modern American Recycling Services Europe (MARS) with the contract for project management and engineering, receipt with load-in assistance, dismantling and disposal of EnQuest’s Heather Alpha topsides.
The contract was announced on MARS’ social media platforms, and will provide
Warnings that the favourable environment for the global oil and gas community will not last forever are leading to an increased interest in offshore well intervention as an alternative to drilling, a trend being spurred by Australia's decommissioning debate hotting up. This report explores Australia's offshore well intevention market
Relatively stable oil prices and a growing global oil demand is creating favourable dynamics for the oil and gas community in the near-future, however uncertainty is rife over how long this will last as the race to meet the Paris Agreement 2050 target intensifies.
While this is
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