Norway's Petroleum Safety Authority (PSA) has given Vår Energi AS consent for the removal and disposal of Jotun B platform in the North Sea offshore Norway.The consent, with reference to the Management Regulations Section 25 (4) item e, is granted…
Boskalis Subsea Services said it has secured several contracts in the North Sea over the last six months that are worth more than £100 million ($126 million) combined. These include the Total Tyra redevelopment project, an inspection, repair and maintenance (IRM) campaign for Repsol Sinopec…
The global offshore decommissioning market, valued at $ 5.96 billion in 2018, is projected to exhibit a CAGR of 5.4% through 2027, in terms of revenue.Crude oil prices coupled with declining production from rising number of maturing oil and…
China Merchants Offshore Technology Research Center (CM-OTRC), the R&D center for China Merchants Industry Holdings (CMI) of Shenzhen, China, have completed the basic design of the OOS Zeelandia a new semisubmersible crane vessel (SSCV) that…
Dutch firm Heerema Marine Contractors and Singapore's Sembcorp Marine, on Thursday, showed off the world's largest crane vessel that can be used for the setup and decommissioning of offshore oil and gas facilities.The semi-submersible vessel…
Madrid-based integrated offshore operator Repsol is leading a pack of foreign oil companies in Norway that are extracting largely tail-end production in exchange for paying a decommissioning tab or getting a second shot at an older oilfield…
Law firm HFW said it has helped shipping association BIMCO draft an industry standard offshore decommissioning contact.The contract – DISMANTLECON – has been approved by BIMCO's Documentary Committee and will be released at the end of June, along with guidance notes…
Three leaders in the oil and gas industry’s decommissioning sector have teamed up to launch Fairfield Decom, a new company based in Aberdeen that will manage, integrate and execute end-to-end late life operations and decommissioning activities…
Shell UK is to extend its contract for use of Aberdeen-headquartered driller Awilco Drilling's WillPhoenix semisubmersible drilling rig for decommissioning operations in the UK North Sea. Shell UK, which already has the rig on contract, has…
C-Kore Systems announced it has hired Diego Baraldi to represent the subsea testing tools manufacturer as Sales Manager – South America.Baraldi has more than 15 years of experience in the offshore oil and gas sector, starting his career with…
Next generation subsea technology deployed for the first time in the North Sea has helped to improve safety and reduce costcfor an offshore oil and gas project, said Scotland based WFS Technologies.The firms's new cutting-edge computing and…
Norway based HydraWell said it has signed a contract with an undisclosed UK-based supermajor to provide equipment and personnel for plug and abandonment (P&A) services in the UK North Sea.The contract is valid for five years and is expected…
Well-Safe Solutions announced Tuesday that it has agreed to acquire the Ocean Guardian semisubmersible drilling unit from Diamond Offshore.Upon delivery, Well-Safe will immediately start work to upgrade the rig, to be renamed Well-Safe Guardian…
US based ocean energy solutions company Ocean Power Technologies (OPT) said it has signed a contract with an unnamed oil and gas exploration and production company to complete a 12-week paid feasibility study that will examine the use of OPT’s…
Xodus Group has carried out a concept study and Front End Engineering Design (FEED) project which determined that a North Sea operator will save up to $77.5 million (£59 million) by adopting a Not Normally Attended (NNA) status ahead of decommissioning the field…
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