Texas, Louisiana and Mississippi on Monday sued the U.S. government to block the Biden administration's proposed rule that would require the offshore oil and gas industry to provide nearly $7 billion in financial assurances to cover costs of dismantling old infrastructure.The rule, which would take effect later this year, will predominantly affect smaller companies that do not have investment grade ratings or sufficient proven oil reserves…
McDermott has completed the decommissioning of the Campbell platform and associated offshore infrastructure at the Varanus Island hub in Western Australia.Under a contract awarded to McDermott in January 2024 by Santos, the company provided engineering…
Norwegian offshore vessel operator DOF Group has secured a contract for subsea decommissioning services in the Asia-Pacific (APAC) region.The contract award includes project management, engineering, logistics support and execution of decommissioning activities utilizing Skandi Hercules vessel…
The safe, timely and cost-efficient decommissioning of offshore infrastructure is one of the big challenges faced by the oil & gas sector. We estimate that the liability currently stands at over $300 billion (real terms), and this will only…
Sentinel Subsea has deployed monitoring systems in Australia to support the decommissioning of subsea assets for a major client in collaboration with Baker Hughes.Two of the company’s passive subsea integrity monitoring systems, WellSentinel™ Coral…
Scotland-based logistics and materials management company ASCO has completed a six-figure contract with Onslow Marine Support Base (OMSB) in Western Australia, supporting the offshore decommissioning sector.As part of the contract, ASCO mobilized…
OEG Offshore has secured a long-term Master Services Agreement (MSA) with a tier 1 well decommissioning company to provide helifuel inspections and aviation support services across the company’s offshore assets.The contract will see OEG Offshore…
An environmental group on Thursday sued the U.S. government over its approach to examining the harm caused by ageing offshore oil and gas infrastructure, citing the risks delayed decommissioning poses to people and the environment.The Center for Biological Diversity filed the lawsuit against the U…
Scottish firms Ocean Kinetics and Green Marine (UK) have formed a joint venture partnership to decommission OpenHydro’s tidal energy platform in the Orkney Islands.Work is rapidly advancing to remove the steel superstructure installed in 2006…
Ocean services provider DeepOcean has been awarded a significant recycling project from an international operator, to be executed on the UK continental shelf.DeepOcean's Aberdeen office will oversee project management and engineering operations…
Houston-based offshore services firm Helix Energy Solutions is wrapping up the multi-well decommissioning operation for Cooper Energy on the Basker, Manta and Gummy (BMG) fields in the Gippsland Basin, off Australia.According to Cooper Energy…
Promethean Energy has awarded a master services contract to independent wells specialist Elemental Energies to support the decommissioning of nine orphaned wells in the Gulf of Mexico.The first phase of the project started in February with Elemental…
James Fisher Decommissioning, part of James Fisher and Sons, has completed offshore decommissioning operations in the Gulf of Thailand as part of a major offshore operator’s wider asset end-of-life campaign.James Fisher Decommissioning extended its contract with a major offshore engineering…
Promethean Energy, an oil and gas company focused on stewarding mature assets, has started work on the temporary abandonment of nine orphan wells in the Matagorda Island lease area in the Gulf of Mexico on behalf of the U.S. Federal government…
Malaysia-based offshore services firm Sapura Energy, through its wholly-owned subsidiary Sapura Subsea Services, has secured a contract to provide subsea services for Thai oil company PTTEP’s subsidiaries in Malaysia.The contract, effective from February 21…
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