Repsol Sinopec Resources UK has awarded a $165 million decommissioning contract to Archer to execute the plug and abandonment (P&A) of 30 wells in the Fulmar Field and two wells in the Halley Field in the UK North Sea.The contract is a fully integrated P&A project…
A final investment decision for the long-stalled Sea Lion development offshore the Falkland Islands could be reached in 2024, Rockhopper, a partner in the project, said Friday, after Navitas Petroleum, the project operator, presented it with an updated development plan…
Offshore decommissioning firm Well-Safe Solutions and oil firm Apache Corporation have signed a multi-year framework agreement to plug and abandon wells in the North Sea.The deal provides Apache with access to Well-Safe Solutions' decommissioning rigs…
Norwegian Energy Company ASA (Noreco) has reached a Final Investment Decision (“FID”) on two infill wells in the Danish North Sea.The two wells will be drilled at the Tor reservoir in the Halfdan North East area, located in the central part of the Danish North Sea…
British North Sea oil and gas producers will spend around 20 billion pounds ($24 billion) on dismantling over 2,000 unused wells and facilities in the ageing basin over the next decade, an industry group said on Tuesday.The cost burden for plugging wells and removing platforms…
Norway's Kongsberg Digital has launched a new application at ADIPEC, which promises to enable oil and gas operators to follow their key performance indicator (KPI) progress on drilling and well operations in real time.According to Kongsberg Digital…
Oil and gas company Neptune Energy said Tuesday it had awarded a $30 million decommissioning contract to Well-Safe Solutions, for a campaign covering more than 20 wells located across eight Dutch and UK North Sea fields.'It is the first multi-region…
Brazilian oil company Petrobras has brought online the first two wells of the increased oil recovery (IOR) project at Roncador project offshore Brazil, almost five months ahead of schedule and at half of the planned cost, Equinor, Petrobras' partner in the project…
Marine and offshore services firm James Fisher has this week launched its new business line James Fisher Decommissioning (JF Decom).The company said that the newly formed division would support the decommissioning needs of customers in the renewables…
Six oil and gas companies operating in the Dutch sector of the North Sea have signed a deal with subsea services firm Oceaneering for the decommissioning of Mud Line Suspension (MLS) wells in the Dutch North Sea.These wells were once drilled for exploration purposes…
The UK oil and gas industry regulator Oil and Gas Authority has launched its second Wells Insight report, which shows that the number of exploration and appraisal wellbores spudded has been on a decline, however, success rates have improved…
Hiber, a company that describes itself as the satellite-enabled IoT scale-up, is bringing its HiberHilo remote well-integrity monitoring technology in the Middle East to assist oil and gas operators in the region in monitoring their remote wells via satellite connectivity…
Oslo-listed oil and gas company BW Energy has brought online the Gamba well DTM-7H as part of the Tortue Phase 2 field development in Gabon. The final well, DTM-6H, in the Dentale formation, is scheduled to come onstream in the coming days. Current…
Oil and gas company Neptune Energy’s said this week it has digitalized its subsea wells in Norway using an innovative 3D gaming tech-based data visualization platform to enhance drilling and production efficiency, and reduce time and costs.The…