Offshore Drilling Decommissioning News - page 19

 

£10 billion+ Offshore Wind Decommissioning Bill

Dec 16, 2019

The UK’s offshore wind industry will need to lean on oil and gas expertise to help decommission wind farms as more than 3 gigawatts (GW) of offshore wind power reaches the end of its design life by 2034, an industry decommissioning conference heard in November…

Relieving the Pressure of Subsea P&A Activity

Dec 06, 2019

The temporary abandonment or suspension of a well is a vital early stage of decommissioning whereby the well is isolated using methods such as bridge plugs, cement squeezes and packers. This allows the wellhead and/ or blow out preventer (BOP) to be safely removed…

Rever Completes North Sea Decom Project

Dec 05, 2019

Subsea services provider Rever Offshore has successfully completed a North Sea infrastructure decommissioning project of the Greater Dunlin Area for Fairfield Energy.The subsea project delivery and execution provider to the offshore energy industry…

First Subsea Lifting Tools for Allseas

Nov 28, 2019

First Subsea said it has been awarded a contract to supply three Ballgrab Internal Lifting Tools (ILT) to pipelay, heavy lift and subsea construction company Allseas. The tools are designed for lifting loads up to 900mT and will be used by Allseas for offshore decommissioning projects…

UKCS Decommissioning Rising

Nov 26, 2019

Decommissioning activity in the UK North Sea in 2019 has seen a significant ramp up, with 23 projects approved in the basin so far this year, and another eight likely to come.But, while costs continue to fall, more still needs to be done to reduce spending…

JFO Aids NPCC Decom Work

Nov 11, 2019

Offshore engineering solutions firm James Fisher Offshore (JFO) said it is supporting Saudi engineering, procurement and construction (EPC) business NPCC to deliver time and cost savings in offshore decommissioning operations in the Middle East…

Plugging Cost and Complexity

Oct 30, 2019

Confidently setting an environmental barrier for plugging and abandonment (P&A) operations has traditionally been limited to mechanical bridge plugs and inflatable devices. At a fraction of the cost of conventional tools, Coretrax, the wellbore clean-up and abandonment specialist…

Offshore Decommissioning Market to Reach $8.9Bln by 2027

Oct 29, 2019

The offshore decommissioning market is estimated to be valued at USD 6.2 billion in 2019 and is projected to reach USD 8.9 billion by 2027, at a CAGR of 4.8% during the forecast period.The global offshore decommissioning market is dominated…

New Decommissioning Cutting Tool Passes Tests

Oct 24, 2019

A new cutting and sealing tool for the decommissioning sector has been put through its paces in Balmoral Subsea Test Center's submersion tanks in Aberdeen, UK.Accrington-based Allspeeds, manufacturer of Webtool hydraulic remotely operated vehicle (ROV) cutters and systems…

A New Slant on Decommissioning

Oct 21, 2019

Shallow gas reservoirs drilled into at a 60-degree angle from the surface in the 1980s have posed a unique decommissioning challenge – resulting in a new design modular plug and abandonment (P&A) unit.When it comes to decommissioning, many operators…

Can Liability Really Be Perpetual?

Oct 15, 2019

How to manage the legacy left by industrial development can be riddled with uncertainty and be enduring in nature. Perhaps understandably, the development of the UK’s offshore hydrocarbon reserves prioritized production considerations over those…

GSI Expands in the UK

Oct 10, 2019

Offshore equipment and engineered solutions provider Gulfstream Services International (GSI) said it has moved into its new Aberdeen headquarters as part of an effort targeting expansion in the North Sea and beyond.The firm has expanded into an 8…

Drops Risks Not Fully Accounted For -Dropsafe

Oct 09, 2019

The offshore oil and gas sector urgently needs a comprehensive strategy to ensure that the risks of dropped objects are mitigated effectively prior to and during decommissioning. If mismanaged, drops may result in safety risks for personnel…

Oceaneering Awarded Canada Decom Scope

Sep 30, 2019

Oceaneering International said it has been awarded a contract to support a decommissioning project off the east coast of Canada. This is the first decommissioning contract for Oceaneering in Canada.The contract’s work scope includes internal cutting…

BHGE, Ocean Installer Win Balder X Subsea Scope

Sep 27, 2019

Independent oil and gas company Vår Energi has awarded a contract to oilfield services company Baker Hughes, a GE company (BHGE) and Norwegian subsea contractor Ocean Installer for the engineering, procurement, construction and installation…

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