Slovakia-based GA Drilling has received a boost to help develop, test and commercialize its innovative plug and abandonment (P&A) technology. The company has signed a £4.2 million ($4.7 million) funding agreement with Budapest based venture capital firm Lead Ventures…
The offshore oil and gas industry has dedicated significant efforts to decommissioning platforms in the US Gulf of Mexico in the last five years.According to Bureau of Safety and Environmental Enforcement (BSEE) Director Scott Angelle, over the last five years…
With an increasing focus on more cost-effective, sustainable methods within the oil and gas industry, operators are carefully considering the choice between extending or ending offshore production asset life. Pre-decommissioning planning has been highlighted as a key issue for many companies…
Dutch offshore contractor Jumbo said it has been awarded a decommissioning project in the North Sea by TAQA Energy BV, involving the removal, transportation and disposal of three subsea protection domes and piles.The operation will take place…
Ocean energy solutions developer Ocean Power Technologies (OPT) said it has signed a master service contract governing work with an unnamed offshore oil and gas operator within the U.S. and the U.S. outer continental shelf, including the provision of goods and services…
Engineering consultancy Magma Products said its newly launched a shutdown division aims to bring a fresh approach to this complex arena of the oil and gas industry.The Aberdeen-based provider of commissioning and decommissioning services said…
German energy group E.ON will decommission the first wind farm built in U.K. waters, as the 4-MW facility has reached the end of its technical lifespan.Dismantling of the two-turbine Blyth offshore wind farm off of Northumberland will begin in April and last about four to six weeks…
International energy consultancy Xodus Group said it has expanded its decommissioning offering with the appointment of its first well decommissioning manager. Gavin Bell will be responsible for developing and delivering Xodus’ new well decommissioning…
With the global offshore decommissioning industry expected to reach $36bn over the next 3 years, several hundred offshore oil and gas wells could cease production by 2021 in the face of today’s bearish oil market.As a consequence, so-called…
Spirit Energy has handed in draft decommissioning proposals for two installations and associated pipelines at its South Morecambe field in the east Irish Sea.Alongside the removal and recycling of a combined 22,000 tons of platform infrastructure…
Subsea project delivery firms James Fisher Offshore (JFO) and specialist in offshore heavy lift market First Subsea have joined forces to launch a revolutionary cut and lift product that promises to streamline decommissioning projects worldwide…
Britain's public spending watchdog on Friday questioned a government estimate of 24 billion pounds ($31 billion) as the cost of tax relief to decommission oil and gas infrastructure.As one of the oldest and most mature oil basins, Britain's…
With the oil and gas market heating up in Brazil, many foreign service providers are looking to set up shop in Brazil with an eye on new opportunities.Although the South American country's main attraction will continue to be exploration and production (E&P) in post-salt and pre-salt acreage…
The National Decommissioning Centre (NDC) is opened by Lord Duncan, UK Government Minister for Scotland and Paul Wheelhouse MSP, Scottish Energy Minister, in Newburgh, in North-East Scotland’s Energetica Corridor.The Centre aims to work in partnership…
Brazilian state-run oil firm Petróleo Brasileiro S.A. announced there was an oil spill on January 2 from its chartered floating production storage and offloading unit (FPSO) Cidade de Rio de Janeiro, in the Espadarte field offshore Brazil.Petrobras said approximately 4…
Subscribe
