Aberdeen-based offshore well decommissioning company Well-Safe Solutions has won another contract for its Well-Safe Guardian P&A offshore rig.The contract is for the provision of the Well-Safe Guardian rig to decommission up to 14 wells on the Banff and Kyle fields in the UKCS…
Aker Solutions' and AF Gruppen's proposed offshore decommissioning businesses merger has been given a green light by the Norwegian Competition Authority.The Norwegian Competition Authority on Monday informed the two firms it had no objections to the merger…
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…
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…
Norwegian Engineering and construction groups Aker Solutions and AF Gruppen have signed a Letter of Intent (LOI) to merge the two firms’ existing offshore decommissioning operations.They've agreed to merge the offshore decommissioning operations…
Australia's oil industry lobby group on Tuesday slammed as 'extreme' the amount the government has proposed as a levy on all of the country's offshore oil producers to cover the cost of decommissioning an offshore field.The levy was announced in May…
The organizers of SPE Offshore Europe 2021, a UK event focused on offshore oil and gas as well as energy transition, have announced that the show’s face-to-face event is moving to 1-4 February 2022 at P&J Live, Aberdeen and the conference will run virtually from 7-10 September 2021…
National Energy Resources Australia (NERA) has established what it calls The Centre of Decommissioning Australia (CODA), citing 'a much-needed collaborative effort to address the challenges and maximize the opportunities of decommissioning Australia’s aging oil and gas infrastructure…
2020 is a year that’ll be remembered for many reasons. COVID-19 aside, it’s been a turning point for the offshore industry, one where net-zero solutions have been top of the agenda, including within well abandonment.Industry and regulators have…
Earth observation data from satellites could play a key role in the decommissioning activity of offshore energy assets such as oil platforms, as well as offshore wind farms, BMT an engineering and risk management consultancy, has said.BMT has…
Falling oil prices and the Covid-19 effects have forced oil and gas companies to cut their spending wherever possible, leading to, as a consequence, to delays with planned UK North Sea decommissioning programs, with a 30 percent drop in decom expenditure expected in 2020…
Energy services company AGR has started decommissioning operations of Ireland’s first indigenous gas wells in the Kinsale Area in the Celtic Sea, on behalf of PSE Kinsale Energy.To remind, Kinsale Energy, a subsidiary of Petronas, in July said…
Ireland's PSE Kinsale Energy has hired Stena Drilling's Stena Spey semi-submersible drilling rig for a decommissioning campaign at the Kinsale field offshore Ireland.To remind, Kinsale area offshore gas fields in the Celtic Sea officially ceased production last month after more than 40 years online…
Thai-based offshore services provider Mermaid Maritime has said it has launched a business branch focused on offshore transportation, installation and decommissioning.Mermaid said Tuesday its new business unit’s immediate target is potential…
Decom North Sea, a UK-based non-profit organization focused on knowledge sharing in the space of offshore oil and gas decommissioning sector, is expanding in Asia with a deal struck in Brunei.DNS on Wednesday announced the creation of a 'landmark…
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