Nearly 350 fields are expected to be decommissioned between now and 2025 across the UK, Norwegian, Danish and Dutch sectors of the North Sea, with the majority of them in the UK, a report released today predicts. The figures were revealed…
New Aberdeen-based subsea well abandonment firm Well-Safe Solutions has picked the Port of Dundee as its onshore marine base, it announced at the Offshore Decommissioning Conference in St Andrews today. Well-Safe has secured two acres of quayside facilities with access to 40…
Decommissioning industry trade organization Decom North Sea has appointed an interim CEO following the appointment of Roger Esson to the Oil & Gas Technology Centre. Interim Decom North Sea CEO Dr Tom Leeson (pictured, right) will start immediately…
Scotland could be at the forefront of the future of oil and gas through developing expertise in decommissioning, the Exchequer Secretary Andrew Jones, Exchequer Secretary to the Treasury, is due to tell SPE Offshore Europe this morning. The…
Decommissioning will be a special focus at SPE Offshore Europe 2017 with a range of expert speakers announced as part of the plenary and new Decommissioning Zone technical programme. Shell will host a keynote panel session with senior spokespeople from CNR…
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…
The key to governing a late life oil province like the North Sea is getting the balance right between initiatives to maximize recovery in late life assets with the practicalities of planning for decommissioning. Fail on the first and…
Buchan Alpha. Image from Veolia Twitter. Repsol Sinopec Resources UK awarded Veolia the decommissioning job of the Buchan Alpha facility in the UK North Sea, which has ceased production on 12 May 2017 as planned…
Elaine Maslin reports on a new joint industry project, led by Intecsea, which aims to apply lessons learned to reduce decommissioning costs by building them into the design phase. Decommissioning project team…
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…
The first offshore facilities to be decommissioned in Great Yarmouth on the east coast of England are due to start arriving in Spring this year. A partnership between Veolia and Peterson partnership has been awarded two platform decommissioning…
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…
The decommissioning of aging offshore oil and gas platforms, subsea wells and related assets is increasing dramatically, with more than 600 projects expected to be disposed of during the next five years alone. This rapid trend toward decommissioning is causing spending to rise significantly…
Average costs for UK North Sea decommissioning expenditure are growing by 14% a year, with the final cost of decommissioning now expected to be in excess of US$125 billion (£100 billion), according to a report by CRF Consultants. With…
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