A new report forecasts a gradual but steady rise in offshore oil and gas decommissioning in the UK and Norway over the next 10 years, with activity growing from a market worth more than US$25 billion (£2 billion) in 2015. Decommissioning Insight 2016…
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…
The National Ocean Industries Association (NOIA) has sent a Freedom of Information Act (FOIA) request to the Bureau of Safety and Environmental Enforcement (BSEE) seeking information related to the agency’s recently revised estimates for…
UK demolition and decommissioning company DSM Demolition has unveiled plans to create a major development site in the Orkney Islands, off mainland Scotland, to take advantage of the expected boom in North Sea oil and gas decommissioning work…
UK industry body Decom North Sea has launched the Late Life Planning Portal, a website also known as L2P2, designed to support the North Sea oil and gas industry in the planning and execution of late life and decommissioning projects. Providing…
Dutch firm Damen Shipyards Group has announced its latest concept design: the Damen Decommissioning Series. The vessel will specialize in three core areas of the oil and gas decommissioning sector: topside decommissioning, offshore platform removal (up to 1600-tonne)…
The UK oil and gas industry is set to become a pioneer in decommissioning activity globally and has the opportunity to become leaders in this field according to Wood Mackenzie. 'Although decommissioning in the North Sea has been an impending reality for some time…
Tullow Oil awarded subsea engineering and training firm Jee a contract to investigate the most appropriate options for decommissioning their Thames area assets in the North Sea. Awarded in February 2016, the contract relates to the decommissioning of the Horne…
Norway’s decommissioning market has the potential to be the second largest in the North Sea after the UK Continental Shelf, according to Oil & Gas UK’s first Norwegian Continental Shelf Decommissioning Insight report. The report, which provides a forecast for the region over the next decade…
Forecast total oil and gas infrastructure decommissioning spending on the UK Continental Shelf (UKCS) will reach £16.9 billion over the next decade, according to new industry estimates. The latest figure, for the period to 2024, is an increase of £2…
Some 140 fields could cease production on the UK Continental Shelf over the next five years, according to research by analysts Wood Mackenzie. The firm says high oil prices have enabled North Sea operators to extend field life and delay decommissioning time and time again…
A high oil price has enabled operators to extend field life and delay decommissioning time and time again on the UK continental shelf (UKCS), however, the current low oil price has brought into stark relief that this cannot continue indefinitely concludes a new analysis by Wood Mackenzie…
SPE Offshore Europe 2017 is set to host a new Decommissioning Zone, the organisers have announced. Working in partnership with Decom North Sea (DNS), the new Zone will provide a platform to share the latest market trend and technologies…
Nexen has awarded Xodus Group a contract to provide front end engineering and design (FEED) services in support of the decommissioning of the Ettrick and Blackbird fields in the central North Sea. The workscope will assess the best…
An online information management system for the offshore decommissioning market has been launched by well management and performance improvement specialist, Exceed. The Aberdeen-based company has invested in excess of £300,000 in the development of iVISION…
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