Plugging And Abandonment News

 

Low Oil Prices Could Spur Offshore Decommissioning Wave

May 25, 2020

The total value of the global pool of offshore oil and gas decommissioning projects that will accumulate through 2024 could reach $42 billion, with the North Sea region taking up the biggest chunk, most notably the UK part, energy intelligence company Rystad Energy said in a report.Rystad says that, with an average asset age of 25 years, the Northwest European decommissioning market could grow 20%…

Aker BP Cleared to Use Maersk Invincible Rig for P&A at Valhall

May 29, 2020

Norwegian oil company Aker BP has secured consent from the Petroleum Safety Authority Norway to use the Maersk Invincible jack-up rig on its Valhall field in the North Sea, offshore Norway.The consent is for the use of the Maersk Invincible…

Petrofac Starts Rubie and Renee P&A Work

May 27, 2020

UK oilfield services firm Petrofac has kicked off the plugging and abandonment work on the Rubie and Renee fields in the North Sea using Awilco's WilPhoenix rig.Petrofac won the Rubie and Renee P&A contract with Hess in August 2019.Over the next three months…

ConocoPhillips to Use Rowan Norway Jack-Up for Ekofisk P&A

May 25, 2020

Oil company ConocoPhillips has been given permission to use the Rowan Norway jack-up unit at its Ekofisk field in the Norwegian sector of the North Sea.The consent was granted by the Petroleum Safety Authority Norway and relates to the plugging…

TAQA Hires Archer for 21-Well P&A Campaign in UK North Sea

May 22, 2020

Oilfield services company Archer has won a contract for the provision of modular drilling unit and associated services aboard TAQA's Cormoran Alpha platform in the UK North Sea.Archer's rig has been contracted by TAQA to perform a twenty-one…

Petrofac Delays North Sea P&A Program. Awilco's Rig on Standby Rate

May 04, 2020

Awilco Drilling has said that it has reached a deal with Petrofac to delay the start of the plug and abandonment works with Awilco's WilPhoenix offshore rig.Awilco in March announced the rig deal with Petrofac Facilities Management for its 1982…

Equinor gets OK for Topaz Rig Use on Heimdal

Mar 04, 2020

The Norwegian energy company Equinor has received a regulatory consent to use the Topaz modular drilling rig at the Heimdal field in the North Sea, offshore Norway. More specifically, the Petroleum Safety Authority Norway has given its approval for the Equinor to install…

Malaysia: Uzma in Offshore P&A Gig with Shell

Mar 04, 2020

Malaysian energy services firm Uzma has a contract with Shell for plugging and abandonment work offshore Malaysia.Under the letter of award signed with Shell's subsidiaries in Malaysia, Uzma will provide platform wells plug and abandonment campaign…

Taking the Next Steps in Plugging and Abandonment

Jan 28, 2019

New solutions which could break the plugging and abandonment mold are making their presence felt on the Norwegian continental shelf.At some point in the future, plugging and abandonment operations (P&A) will be a regular and relatively unexciting activity for the offshore oil and gas industry…

Current News

Petrobras Must Rename Offshore Field Named After Ex-President

Petrobras Must Rename Offshore Field Named After Ex-President

AGS Wins More Work with Equinor

AGS Wins More Work with Equinor

Havyard Names New CFO

Havyard Names New CFO

All Borssele 1&2 Offshore Wind Farm Foundations in Place

All Borssele 1&2 Offshore Wind Farm Foundations in Place

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