Reports

Internationally recognised as the global leader in well intervention innovations, the North Sea continues to raise industry benchmarks even to this date. Operators today are rethinking traditional abandonment approach, and inclining towards integrated delivery models. Digital tools are empowering operators for optimised deliveries within reasonable costs while satisfying regulatory bodies governing the UKCS and NCS regions.

Geothermal energy in North America is shifting from niche to strategic, with the US leading a new phase of growth driven by technology innovation, rising power demand and energy security concerns. Installed capacity remains modest at around 4 GW, but momentum is building as next-generation solutions such as enhanced geothermal systems (EGS) and heightened investment unlock the potential for scalable, 24/7 ‘firm’ clean power.

Australia’s offshore oil and gas sector is entering a major decommissioning phase, driven by ageing infrastructure, stricter regulations and growing environmental accountability. With billions of dollars in projected activity over the coming decades, operators are accelerating well abandonment, infrastructure removal and recycling efforts while navigating supply chain, workforce and cost challenges. Emerging technologies, collaboration and investment in local capability are set to shape a more efficient and sustainable decommissioning industry.