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Latest news - Decommissioning

New offshore decommissioning hub set to be launched at Port of Sunderland

New offshore decommissioning hub set to be launched at Port of Sunderland   A new offshore decommissioning base is being established at the Port of Sunderland by County Durham firm Northern Metal Recycling. The Shildon business already runs a 15 acre site at Hackworth Industrial Park where it specialises in the collection and removal of ferrous and non-ferrous scrap metals, and says its new agreement with the Wear port will allow it to tap into large scale decommissioning projects...

Well-Safe hit new milestone

Well-Safe hit new milestone   Aberdeen-based decommissioning services provider Well-Safe Solutions has hit a new saturation diving milestone in the UK waters with one of its rigs, which is said to be the only semi-submersible in the North Sea with saturation dive spread capability. After buying the Ocean Guardian semi-submersible rig from Diamond Offshore in 2019 to convert it into a bespoke plug and abandonment (P&A) unit, the Aberdeen-based player changed the rig’s nam...

UK Offshore Decommissioning Market Size Is Expected To Reach US$ 2.40B By 2031

UK Offshore Decommissioning Market Size Is Expected To Reach US$ 2.40B By 2031   The United Kingdom offshore decommissioning market is estimated to be valued at US$ 1.30 Bn in 2023, growing at a CAGR of 8.5% during the forecast period 2024-2031, as highlighted in a new report published by CoherentMI. Companies overviewed in this report such as Acteon Group Limited, Topicus Finan BV, Tetra Technologies Inc., Allseas Group S.A., DeepOcean Group Holding B.V., John Wood Group Plc, Exxon M...

OEG Offshore secures helifuel services contract with well decommissioning specialist

OEG Offshore secures helifuel services contract with well decommissioning specialist   Aberdeenshire, Scotland, UK – 31st July, 2024 OEG Offshore, a leading offshore solutions business, has secured a long-term Master Services Agreement (MSA) with a tier 1 well decommissioning company to provide helifuel inspections and aviation support services across the company’s offshore assets. The contract will see OEG Offshore deliver a comprehensive range of support services c...

Australia ponders $53 billion problem of how to remove ageing offshore rigs

Australia ponders $53 billion problem of how to remove ageing offshore rigs   Off the coast of Australia are clusters of gas and oil rigs dating back to the 1960s – part of the country’s transformation into a global resources giant. But many of these rigs are now coming to the end of their lives, prompting concerns about how to ensure they do not cause lasting damage to the environment or water quality. The looming decommissioning of Australia’s rigs is set to...

Hartlepool port takes delivery of mammoth 31,000 tonne Shell Brent Charlie topside

Hartlepool port takes delivery of mammoth 31,000 tonne Shell Brent Charlie topside   A mammoth oil rig platform has arrived in Hartlepool for decommissioning. The Brent Charlie topside platform has been delivered to Able Seaton Port, on Tees Road, where it will be broken down and recycled over the next 18 months safeguarding dozens of jobs. Weighing 31,000 metric tonnes, it is the largest one of its kind to be lifted, transported and delivered to land. The massive structure w...

UK Oil Regulator Opens Investigations into Missed Decom Deadlines

UK Oil Regulator Opens Investigations into Missed Decom Deadlines   The North Sea Transition Authority (NSTA) announced in a statement posted on its website that it has opened investigations into missed deadlines for well decommissioning. “Members of the NSTA’s Directorate of Regulation have now commenced investigations relating to alleged failures to complete timely plugging and abandonment in line with approved plans,” the NSTA said in the statement. “O...

Regulator clamping down on well decommissioning delays

Regulator clamping down on well decommissioning delays   NSTA opens investigations into missed deadlines for well decommissioning £24bn could be spent on decommissioning by 2032 Operators told to back the UK’s supply chain or risk bottlenecks and price rises North Sea operators must take action on well decommissioning to support the UK’s supply chain, clean up their oil and gas legacy and stop costs spiralling, the industry regulator has warned. Repeat...

Mermaid awarded multi-year North Sea decommissioning contract by Shell

Mermaid awarded multi-year North Sea decommissioning contract by Shell   Mermaid Subsea Services (UK) Ltd has been awarded a multi-year Engineering, Preparation, Removal and Disposal (EPRD) Well Head Severance (WHS) contract by Shell UK Ltd in the North Sea. The decommissioning project is to be carried out in three annual batches with the first one scheduled to begin later this year. As part of the campaign, Mermaid will leverage key stakeholders across the supply chain to offer a...

Well-Safe Solutions Pty Ltd : Decommissioning Down Under

Well-Safe Solutions Pty Ltd : Decommissioning Down Under   DECOMMISSIONING DOWN UNDER With the growth of its subsurface and well engineering capabilities and the acquisition, refurbishment, and mobilisation of three well decommissioning assets, Well-Safe Solutions (WSS) has gone from strength to strength in Europe. Now, the decommissioning industry’s first Tier 1 contractor and energy transition specialist focused on well decommissioning is eyeing international growth in s...

Chevron plans to leave oil platforms in WA waters, angering unions, environmental campaigners

Chevron plans to leave oil platforms in WA waters, angering unions, environmental campaigners   A plan by oil and gas giant Chevron to create artificial reefs out of decommissioned oil platforms off Western Australia's Pilbara coast has drawn the ire of unions and green groups. The company owns nine platforms in the waters around Thevenard Island, off the coast of Onslow, but has not extracted oil from the area since 2014. Chevron must decommission the infrastructure, but ha...

NZTC Report Sets Out Plan for Green Hydrogen Export Between Scotland and Germany

NZTC Report Sets Out Plan for Green Hydrogen Export Between Scotland and Germany   UK-based Net Zero Technology Centre (NZTC) and German-based Cruh21 have launched a report that will help unlock the full potential of a green hydrogen collaboration between Scotland and Germany. The ‘Enabling Green Hydrogen Exports: Matching Scottish Production to German Demand’ report analyses Scottish hydrogen production and German demand creating matching scenarios for hydrogen export...

Decom Mission celebrates sector performance with seventh annual awards

Decom Mission celebrates sector performance with seventh annual awards   The winners of the seventh annual Decom Mission Awards were announced last night (21st May) at a ceremony during the trade organisation’s Decom Week. This year the Awards, which were established by Decom Mission to celebrate excellence across a number of areas in decommissioning, focused on Sustainability, Innovation and Emerging Professionals active within the industry. The long-standing category of &ld...

Inaugural Decom Survey Results Highlight “Supply Chain Reality”

Inaugural Decom Survey Results Highlight “Supply Chain Reality”   Decom Mission, the only trade organisation solely focused upon late life and decommissioning, has published the first independent survey of decommissioning practitioners from across the energy sector. Providing primary insight into current supply chain capability and capacity, as well as a snapshot of sentiment across the sector, respondents were asked to comment upon key areas including Commercial, Confi...

AquaTerra Group secures decommissioning projects worth seven figures

AquaTerra Group secures decommissioning projects worth seven figures   Aberdeenshire headquartered integrated services provider, AquaTerra Group, has announced four significant decommissioning contract wins totalling a seven-figure sum. These latest projects represent a notable increase in AquaTerra’s roster of decommissioning projects between 2023 and 2025. While late life and decommissioning services are not new areas of work for AquaTerra, the past year has marked several...

Biden administration aims to increase industry responsibility for decommissioning drilling platforms

Biden administration aims to increase industry responsibility for decommissioning drilling platforms   The Biden administration on Monday finalized a new rule it says will reduce taxpayer responsibility for the process of decommissioning offshore oil and gas platforms. The decommissioning process is the final step in offshore fossil fuel extraction and involves dismantling the drilling platforms and returning the area to its predrilling state. Under existing regulations, taxpaye...

UK North Sea decommissioning estimate drops nearer $49 billion target

UK North Sea decommissioning estimate drops nearer $49 billion target   The estimated cost to companies of decommissioning oil and gas infrastructure in the British North Sea has fallen to close to a target of nearly 40 billion pounds ($49 billion). Production in the North Sea basin started in the 1960s, making it a petri dish for other fossil fuel extracting regions trying to bring down the cost of dismantling wells, platforms, pipelines and other oil and gas assets. While comp...

Offshore oil and gas industry to foot $6.9 billion decommissioning costs under new BOEM regulation

Offshore oil and gas industry to foot $6.9 billion decommissioning costs under new BOEM regulation   On Monday, April 15th, the Department of the Interior announced a final rule from the Bureau of Ocean Energy Management (BOEM) that requires the oil and gas industry to raise nearly $7 billion for decommissioning offshore platforms. The final Risk Management and Financial Assurance for OCS Lease and Grant Obligations rule amends existing regulations by substantially increasing the l...

Examining the impact of decommissioned offshore structures

Examining the impact of decommissioned offshore structures   A new study suggests that decommissioned offshore structures offer limited long-term ecological benefits if they are simply left in the ocean to serve as artificial reefs. Researchers carried out a comprehensive analysis of existing studies on the environmental impacts of marine offshore structures – including oil and gas platforms and offshore wind farms – worldwide. It highlighted that such installations...

Chevron Awards Decommissioning Contract to InterMoor

Chevron Awards Decommissioning Contract to InterMoor   Chevron Corporation’s (CVX) subsidiary, Chevron Thailand Exploration and Production Ltd. (CTEP), awarded a decommissioning contract to InterMoor, an Acteon brand. Post the successful completion of the decommissioning scope of work in the Gulf of Thailand in 2021, Chevron extended the contract by including additional packages for the disconnection and removal of pipelines. The extended contract includes project management,...
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