Plugging And Abandonment News

 

UK Oil and Gas Sector Faces $24B Bill to Plug Old Wells

Nov 22, 2022

British North Sea oil and gas producers will spend around 20 billion pounds ($24 billion) on dismantling over 2,000 unused wells and facilities in the ageing basin over the next decade, an industry group said on Tuesday.The cost burden for plugging wells and removing platforms, in what is known as decommissioning, is set to rise sharply over the next three to four years as more fields stop production…

Archer Buys Romar-Abrado

Jan 10, 2023

Oilfield services company Archer Limited has acquired Aberdeenshire-based firm Romar-Abrado, which offers services to the plugging and abandonment market. The acquisition is based on an enterprise value of USD 8 million, plus an earn-out pending trading performance over 2023 to 2025…

Noble Corp. Wins $50M Contract for Jack-up Rig in UK North Sea

Dec 14, 2022

BP has awarded the offshore drilling company Noble Corp. a one-year drilling and plugging & abandonment services contract in the UK sector of the North Sea. The contract, for which Noble Corp. will deploy the ultra-harsh environment Noble Innovator (ex-Maersk Innovator) jack-up rig…

Coretrax, Lee Energy Systems Collaborate on 'Major' North Sea P&A Campaign

Dec 07, 2022

Well integrity and production optimization company Coretrax said Wednesday it had recently collaborated with Lee Energy Systems to deliver a one-trip solution for an unnamed 'major' operator’s plugging and abandonment (P&A) campaign in the Central North Sea…

Shell Hires Helix for Well Decommissioning Work Offshore Brazil

Oct 31, 2022

Helix Energy Solutions Group, Inc. has secured a deepwater well decommissioning contract with Shell in Brazil.The scope of work includes plug and abandonment services on subsea wells located in the Bijupira and Salema fields. Helix will supply the Q7000 riser-based well intervention vessel…

Expro Completes Irish Celtic Sea P&A Campaign

Sep 30, 2022

Energy services provider Expro said Friday it had successfully completed the plug and abandonment (P&A) of Ireland’s first indigenous gas wells.Expro delivered integrated subsea and well test services over an eight-month period to intervene…

C-Innovation and Grand Isle Shipyard Awarded P&A Work

Sep 29, 2022

C-Innovation (C-I) and Grand Isle Shipyard, LLC (GIS) have been awarded a plug and abandonment contract by Helix Alliance Decom, LLC to provide pre-feed services for the decommissioning of three offshore platforms for a major deepwater client…

Well-Safe Solutions Nets $30M North Sea P&A Deal with Neptune Energy

Sep 20, 2022

Oil and gas company Neptune Energy said Tuesday it had awarded a $30 million decommissioning contract to Well-Safe Solutions, for a campaign covering more than 20 wells located across eight Dutch and UK North Sea fields.'It is the first multi-region…

Velesto Nets $13,4M P&A Work at Petronas' Tembungo Offshore Field

Aug 26, 2022

Malaysian oil and gas company Petronas has awarded a contract to the offshore services firm Velesto for the plugging and abandonment services at Tembungo A & B platforms offshore Sabah, Malaysia.Velesto said Thursday that the contract had an…

Helix Wins Offshore Decommissioning Work in Thailand

Aug 26, 2022

Helix Robotics Solutions has won a 180-day contract by a local Thailand contractor to perform decommissioning services using the subsea construction vessel Grand Canyon II.The company, a robotics branch of the Helix Energy Solutions Group, said…

Well-Safe Solutions' P&A Rig Gets Trendsetter Engineering's Trident Intervention System

Aug 17, 2022

UK-based offshore well decommissioning firm Well-Safe Solutions has teamed up with Houston-based services company Trendsetter Engineering to equip its Well-Safe Guardian semi-submersible rig with the Trident Intervention System.'Featuring a compact yet powerful design…

Shell Books Stena Don for UK Drilling, P&A

Jul 29, 2022

Shell UK has signed a one year contract, with a year extension option, with Stena Drilling for the use of the Stena Don in the UK North Sea. The contract is due to start in Q2 2023 and will cover well activities, including a combination of plugging…

Well-Safe Solutions Finds P&A Work for Newly Bought Rig

Jul 21, 2022

UK-based offshore well plugging & abandonment company Well-Safe Solutions said Thursday it had secured a contract to plug and abandon (P&A) 14 wells on the UK continental shelf. The work is expected to secure 60 new offshore positions.The deal…

Exceed, Mermaid Win Multi-well, Multi-operator UKCS P&A Work

Jun 27, 2022

Well management firm Exceed has, in partnership with Mermaid Subsea Services UK, secured a vessel-based well plugging and abandonment campaign to be carried out on behalf of four operators on the UK continental shelf.Exceed said this was the company’s largest vessel-based well P&A campaign to date…

Well-Safe Solutions Takes Over WilPhoenix Rig from Awilco Drilling

Jun 09, 2022

UK-based offshore drilling company Awilco Drilling has completed the sale of its WilPhoenix semi-submersible drilling rig to P&A specialist to Well-Safe Solutions.The proposed sale was first announced early in May, when Oslo-listed Awilco Drilling said the rig would be sold for $15…

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