Offshore Drilling Decommissioning News - page 34

 

Cement plug alternative sought for P&A

Jul 05, 2016

The Industry Technology Facilitator (ITF) has launched a call for proposals to improve or offer alternative approaches to cement plugs which are currently deployed in plugging and abandonment (P&A) operations in wells. The invitation is open to qualified organizations…

WoodMac: US$1 trillion cut from global upstream investment

Jun 15, 2016

Global upstream capital spending from 2015 out to 2020 has been reduced by 22% or US$740 billion, however, when cuts to conventional exploration investment are included, the figure increases to just over $1 trillion, Wood Mackenzie said. Image…

Strong tailwinds

Jun 14, 2016

Offshore wind is headed toward new highs with the North Sea region serving as the backbone of the global market, says Douglas-Westwood’s Celia Hayes. Image from iStock. The offshore…

Decommissioning concept gets research funding

Jun 06, 2016

A Northumberland-based marine engineer has outlined plans for a new submersible that could change the way oil platforms are transported back to shore for decommissioning. Joe Glass from Rothbury has joined forces with Seaways Engineering International as Managing Director (UK)…

Coretrax CX saves costs

Jun 01, 2016

Coretrax, leading engineered servicing company for wellbore clean and abandonment, has secured cost savings of nearly £10 million in rig time for UK operators.   Focused on improving operational efficiencies and saving rig time in wellbore clean up and abandonment operations…

Mud, glorious mud

Jun 01, 2016

How to deal with drill cuttings piles as part of the decommissioning process has been a subject of study for some years. Meg Chesshyre examines how North West Hutton may show the way forward. The day grab used in the 2013 survey…

Well Decom launches in Aberdeen

May 26, 2016

A new company focused on the plugging and abandonment of wells in the North Sea’s decommissioning sector has been set up by three oil and gas industry veterans.  Aberdeen-based Well Decom has been launched to help companies manage costs…

WoodMac: UK at forefront of decommissioning

May 25, 2016

The UK oil and gas industry is set to become a pioneer in decommissioning activity globally and has the opportunity to become leaders in this field according to Wood Mackenzie. 'Although decommissioning in the North Sea has been an impending reality for some time…

Entek offloads GOM assets

May 09, 2016

Entek Energy has agreed a deal with Peregrine Oil & Gas to sell its entire Gulf of Mexico portfolio. The interests comprise Entek’s respective 38% and 25% interests in the GA A133 and PN 975 blocks, and its overriding royalty interest in the VR 341/342 blocks…

Nexen ends Ettrick, Blackbird production

May 06, 2016

Nexen Petroleum is to end production from the Ettrick field in the North Sea and remove the floating production facility FPSO Aoka Mizu from the location. Nexen, which is owned by China National Offshore Corporation, terminated a contract with FPSO provider Bluewater in March…

Repsol cleared for removing Varg FPSO

May 04, 2016

Repsol has been given the green light to remove the Petrojarl Varg floating production unit and related subsea structures from the Varg field offshore Norway. The Varg oil field is in the North Sea, about 220km south-west of Utsira in Rogaland county…

OTC16: DNV GL unveils P&A RP

May 04, 2016

Norway's DNV GL has issued a new, globally applicable Recommended Practice (RP) forrisk-based plugging and abandonment of offshore wells. The certificaton and verification society says, in combination with optimized project execution and new technology…

A new lease on life

May 01, 2016

Scrap or refurbish and reuse? It’s a question being asked on the UK Continental Shelf. Elaine Maslin reports. Pipe, ready for reuse. Staff photo.  At a recent conference in Aberdeen…

Petrofac takes on BP's Miller

Apr 28, 2016

Petrofac has been awarded a duty holder contract from BP to support the late life management of the Miller platform, in the UK central North Sea. The contract is for 'life of asset' but has a four-year ceiling at which point extension options will be reviewed as required…

Tullow eyes next Mauritanian move

Apr 26, 2016

Tullow Oil is eying exploration leads offshore Mauritania in order to fulfill a minimum work obligation of one well on the block before the second exploration phase runs out in November 2017.  Image from Tullow…

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