Decomissioning News

 

Australia: Gov't Stuns Oil Firms with Levy to Decommission Abandoned Timor Sea Field

May 12, 2021

Australia has stunned the oil industry with a levy to cover the estimated $200 million cost of removing facilities and cleaning up the area around an oil field off northwest Australia after the small company that owned the project collapsed.The move, announced in the government’s 2021-22 budget on Tuesday night, came as a surprise as it was not flagged in a proposed new framework for decommissioning rules set out last month…

Well-Safe Solutions Introduces New Project Resourcing Group

Aug 29, 2023

International well plug and abandonment specialists Well-Safe Solutions have announced Well-Safe Resources; a new business function focusing on deploying well engineering and project management talent worldwide.The newly-formed Well-Safe Resources service offering will be headed by Steve Combe…

McDermott Chosen for Offshore Decommissioning Work in Australia

Jul 10, 2023

Offshore energy industry services provider McDermott has secured a contract for offshore decommissioning work in Australia with the oil and gas firm Woodside Energy.The contract calls for the complete removal of the Stybarrow disconnectable…

Woodside Energy Awards Offshore Decommissioning Contracts

May 30, 2023

Woodside Energy has now awarded all the major contracts for the decommissioning of subsea infrastructure at the Enfield, Griffin, Stybarrow and Echo Yodel oil and gas fields offshore Western Australia.Finalisation of the contracts supports commencement…

UK: Hurricane Energy Hires Stena Drilling Rig to Plug Lincoln Well

Jun 16, 2021

UK-based oil and gas company Hurricane Energy has hired the Stena Don semi-submersible drilling rig for the plugging and abandonment of its Lincoln-14 offshore well west of Shetland.The Lincoln-14 well, formally named the 205/26b-14,  is located…

Saipem Bags Additional Offshore Work in Qatar Worth $350M

Apr 13, 2021

Qatari gas company Qatargas has awarded additional work to Italy's Saipem within the North Field Production Sustainability Offshore Project, following a $1.7 billion contract announced in February.Qatargas has now exercised two options for additional work under the project…

The Netherlands: Six Oil and Gas Firms Launch Joint Well Decom Campaign

Feb 24, 2021

Six oil and gas operators in The Netherlands, within the Nextep partnership, are working on a major campaign to decommission oil and gas wells as part of a single campaign. Nexstep, the Dutch association for decommissioning and reuse of oil and gas infrastructure…

First Subsea and James Fisher Decom Tool Hits Testing Milestone

Dec 01, 2020

First Subsea and James Fisher Offshore (JFO) have this week said they've completed a significant testing milestone in their joint development of a combined Internal Cut and Lift tool, as part of an Oil and Gas Technology Centre (OGTC) co-investment…

VIDEO: Tyra East, West Platforms Removed

Aug 07, 2020

Oil and gas company Noreco has said that the Tyra East and Tyra West integrated processing and accommodation platforms in the Danish North Sea have been safely removed, as part of the Tyra redevelopment project.Allseas’ Pioneering Spirit vessel has earlier this week removed the 14…

OOS Joins LR, Worley Offshore Decommissioning Consortium

Jun 17, 2020

Dutch offshore services provider OOS International has joined an offshore decommissioning consortium created by Lloyd’s Register and Worley, in a push to drive down the costs of offshore decommissioning.'Decommissioning, for many, remains an uncertain cost burden…

SapuraEnergy Nets $179,6M in New Deals Across SE Asia

Jun 03, 2020

Malaysian energy and offshore services company Sapura Energy has revealed it has recently secured a batch of contracts across Southeast Asia worth RM766 million ($179,6 million) in total.The contracts are secured by Sapura Energy's subsidiaries…

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