Decommissioning and Abandonment

For the consideration of the secretary of state for energy security and net zero, Dana Petroleum (E&P) Limited has submitted a draft decommissioning programme for the Western Isles floating production storage and offloading (FPSO) vessel and

...

Well-Safe Solutions, an international well decommissioning specialist, is supporting the decommissioning of two suspended wells in bp’s Kate field in the North Sea, 220 km from Aberdeen.

The programme of work,

...

Decommissioning and P&A specialist, Mermaid Subsea Services UK, has been awarded a multi-well contract on behalf of North Sea operator following the completion of its inaugural

...

With a period of relative stability being enjoyed by the oil and gas community, the Asia Pacific region is looking to raise production levels while keeping a firm eye on the forthcoming decommissioning wave. This report examines these factors, and others, which are sculpting a lucrative future for the oilfield services market in the region.

...

The Asia Pacific oil and gas industry, making use of a period of relative oil price stability and seemingly maintained future demand, is increasingly looking to ramp up production rates which, in light of a rapidly approaching decommissioning wave, is

...

Rovco has successfully completed a contract awarded by Well-Safe Solutions to support its plug and abandonment and decommissioning operations in the southern North Sea.

Rovco provided Well-Safe Solutions with field survey operations, to ensure the safe and efficient decommissioning of a

...

Well-Safe Solutions has signed a multi-year framework agreement with Apache Corporation (now a subsidiary of APA Corporation) to decommission wells in the North Sea,

...

Data and subsea service provider, Reach Subsea ASA, has secured a decommissioning contract for work in the North Sea.

The contract represents about 40 project days for execution in Q1 2023, and will see the utilisation of the Olympic Delta vessel. Reach Subsea have an existing

...

DOF Subsea has been awarded an Engineering, Preparatory works, Removal, Transportation, Recycling and Disposal (EPRD) contract by Norwegian energy giant Equinor Energy AS.

The contract is in relation to the Heimdal subsea decommissioning works and includes the

...

Aker Solutions can now offer operators a Second Life Report on the raw materials a platform contributes to the circular economy as part of its decommissioning offering in light of the fact that 99% of a drilling platform can be recycled.

The report spotlights the

...

Ocyan, an oil and gas company with a sustainable attitude and knowledge to provide solutions for the industry, has announced that a Solstad Offshore's vessel has arrived in Brazil, ready to perform decommissioning activities.

The Normand Cutter, which is under

...

Decom Engineering (Decom) has kicked of the new year with numerous project wins and work scopes valued in excess of seven figures.

The decommissioning specialist has secured new projects in Africa, Norway, Thailand and Singapore, while

...

With the oil price expected to remain at a healthy rate of approximately US$90 per barrel, the market is ripe for Australia's decommissioning industry. Following the events around the Northern Endeavour, oil majors are declaring decommissioning initiatives one after the other, and new players are emerging in the market as well. This report endeavours to capture the industry scenes with all its

...

Pressing climate concerns and an overall healthy oil price across 2022 have set the stage for Australia's decommissioning industry to flourish, according to a new report published by Offshore Network.

Reports estimating that oil prices through 2027 will stay at a

...

T7 Global Berhad, an energy solutions provider, has secured two contracts worth approximately RM100mn (around US$23mn) from PTTEP Group of Companies and Hibiscus Oil & Gas Malaysia

...

Esso Australia, a subsidiary of Exxonmobil Australia, has entered into an agreement with Helix Energy Solutions to charter the Helix Q7000 semisubmersible vessel to support decommissioning activity across the Gippsland Basin.

The

...

As the focus on environmental sustainability has never been more prevalent across all industries than it is right now, the race is on to find long-term renewable solutions to the climate crisis.  Operators across the globe are

...

A report examining the well decommissioning and abandonment scope making waves through the Gulf of Mexico. This exclusive outlook encompasses an analysis of the oil market, a look into the web of bureaucracy operators have found themselves tangled in, and a discussion around the solutions third party operators are providing for the region.

‘Revolutionary’ subsea cutting technology moves closer to commercialisation

• Region: All
• Topics: Decommissioning
• Date: Jan, 2023

The omens for the offshore decommissioning market are looking positive as the industry prepares for 2023 and all that it has in store.

While a turbulent geopolitical environment has caused market fluctuations over the last few years

...