Norway's Aker BP has agreed to divest a 10% stake in the Valhall and Hod fields to new firm Pandion Energy. The move comes shortly after Aker BP acquired Hess Norge, which gave it 100% ownership in Valhall and Hod, and comes as Aker BP…
Contractor confidence in the UK Continental Shelf (UKCS) has risen with almost half being more confident about their prospects for the first time since 2013, according to an industry survey. The findings of the 27th Oil and Gas survey…
A US$3.36 billion (DKK21 billion) investment into a redevelopment of the Tyra gas field on the Danish Continental Shelf has been approved by the Danish Underground Consortium (DUC), led by Maersk Oil. The move will see the largest oil…
While decommissioning is often seen as a challenge, to the Dutch it is also an opportunity. Elaine Maslin reports. The North Sea Wind Power Hub concept. Images from TenneT. The Dutch don’t…
OMV has spudded the Iris/Hades (Aerosmith) exploration well on the Halten Terrace in the Norwegian Sea, says partner Faroe Petroleum. Exploration well, 6506/11-10 (Faroe 20%) in license PL644/PL644 B, is being drilled about 200km offshore using the Deepsea Bergen semisubmersible…
UK focused Independent Oil and Gas (IOG) has been given a two-year extension on its Harvey license in the North Sea and says it plans to drill on the license by September 2019. The Oil & Gas Authority has extended the initial term for license P2085 to 20 December 2019…
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…
Multi-purpose vessel designer CDC Scotland is set to commercialize its first vessel design through Dutch firm OOS Energy, part of OOS International. OOS Energy, which is also building two semisubmersible crane vessels, is planning to build two units…
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…
The Port of Cromarty Firth has become the first port in Scotland to be granted a decommissioning Pollution Prevention Control Permit by the Scottish Environment Protection Agency (SEPA) under the latest environment legislation, it has said…
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…
Japan's Kawasaki Heavy Industries has completed a verification test on an autonomous underwater vehicle (AUV) which can dock autonomously to re-charge subsea in UK waters. With a focus on the growing demand for pipeline maintenance in the offshore oil and gas fields…
New tax measures aimed at making it more attractive for North Sea oil and gas assets to change hands have been welcomed by industry. In his Budget statement made in the UK Parliament yesterday (22 November), the Chancellor of the Exchequer Philip Hammond…
Decommisioning trade body Decom North Sea CEO Roger Esson is to join the Oil & Gas Technology Centre (OGTC) as its Decommissioning Solution Centre Manager. Esson has more than 20 years of oil and gas industry leadership experience in the UK and internationally…
The Port of Blyth in northeast England is set to make a strategic move into decommissoning following being awarded a decommissioning license from the UK Environment Agency. During 2018, the port will ready a site at its Battleship Wharf terminal for decommissioning operations…