Malaysian offshore services firm Handal Energy has recently secured a contract from Tanjung Offshore Services for the provision of portable crane equipment and services package.Handal said Friday that it had reached a contract agreement with TOS April 27…
Aberdeen-based Well-Safe Solutions has won a contract with Repsol Sinopec to execute the decommissioning of 14 wells in its Buchan and Hannay offshore fields in the UK.Well-Safe Solutions will utilize its purpose-built decommissioning unit specifically designed for decommissioning of subsea wells…
BHP Group will transfer a smaller-than-expected $3.9 billion in oil and gas decommissioning liabilities to Woodside when it merges its petroleum business with the independent Australian gas producer.Woodside's shares jumped 6.5% after the figure was disclosed in BHP's annual report on Tuesday…
Offshore plug, abandonment, and casing recovery firm Ardyne has won a four-year contract for the provision of fishing services for 86 wells as part of the well plug and abandonment (P&A) program for two fields in the Northern North Sea.The work…
Dutch offshore installation and decommissioning contractor Heerema Marine Contractors has this week removed an offshore platform from Ithaca Energy's Jacky field in the UK North Sea.Ithaca Energy on Tuesday shared a photo of Heerema's Thialf…
Australia has passed legislation that could set a precedent for who pays to clean up the fossil fuel industry in Asia, making former owners of oil and gas fields responsible for the costs of dismantling facilities if later owners fail.The new…
Oilfield services firm Expro has completed an integrated Plug and Abandonment (P&A) contract for Petronas in Mauritania.The well intervention scope of the P&A project used Expro’s integrated Open Water Intervention Riser System (OWIRS) for intervention…
Australia’s parliament last week passed legislation under which the government will be able to make offshore license owners pay for decommissioning and environmental remediation if they sell their offshore blocks and the new owner is then unable to meet its financial obligations…
UK-based oil firm Spirit Energy is set to decommission another oil field in the UK North Sea.Just days after receiving approval for the decommissioning plan for its Ensign field, Spirit Energy said Monday it would file a decommissioning program for its Chestnut field in the Central North Sea…
The UK Government has approved Spirit Energy's decommissioning program for the Ensign platform in the Southern North Sea.The normally unmanned platform, comprising a steel jacket and topsides, is located at Ensign field, approximately 109 km…
Woodside Petroleum said on Friday it is working with other companies on a plan to replace a proposed Australian government levy that would make offshore producers pay for the clean up of an abandoned oilfield in the Timor Sea.The government…
KDS JV, a joint venture between offshore vessel owner DOF Subsea and offshore equipment maker and service provider Aker Solutions, has secured a subsea decommissioning contract for DNO at the Norwegian Continental Shelf. The contract includes engineering…
Oil and gas firm TAQA said Friday that Heerema Marine Contractors had successfully removed the topside of its Brae Bravo platform in the UK North Sea.'This marked the completion of two successful ground-breaking campaigns with HAF, the Heerema…
Norwegian energy company Equinor has agreed on a second joint industry project (JIP) with UK/Norway-based fishing, milling, and casing recovery provider Ardyne to further develop Ardyne's TITAN RS technology.Ardyne said the JIP would aim 'to…
The cost of oil and gas decommissioning in the UK has decreased for the fourth year in a row since the cost was first estimated in 2017, when the Oil and Gas Authority set a target of a 35 percent cost reduction, with the goal of reducing the…
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