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Latest news - Decommissioning

Russell Borthwick: Case for windfall tax misses point

Russell Borthwick: Case for windfall tax misses point   I HAVE great news – most of us are getting £12,750 this year. Better yet, the taxpayer is picking up the bill. Sounds great, doesn’t it? Well, it does, until I put some context around it. You see, the free money I’m telling you about is actually the personal allowance we get before income tax kicks in. Important context, this. Without it, people can easily be misled. Did you see the headlines last we...

Global Maritime completes Marine Warranty Surveying Decommissioning Scope

Global Maritime completes Marine Warranty Surveying Decommissioning Scope   Global Maritime recently completed the Marine Warranty (MWS) scope for decommissioning the LOGGS Complex in Southern North Sea. The five bridge linked platforms were removed with Saipem vessel “S7000”. The operations were supported by the vessel “North Sea Giant”. All jackets, topsides and bridges have been transported and loaded in at Able UK, Hartlepool where they will be dismantle...

Offshore oil and gas may finally have to cough up for its $56b clean-up bill

Offshore oil and gas may finally have to cough up for its $56b clean-up bill   Australia’s big offshore oil and gas players face a massive spend to clean up their act after a federal government clampdown in response to the threat of a $1.2 billion bill to deal with an ageing oil vessel. Decommissioning wells, platforms and pipelines in Australian waters is estimated to cost $US40.5 billion ($56 billion) to 2050, according to a federal government-sponsored report released in 2...

Oceaneering awarded multi-operator decom contract in Dutch North Sea

Oceaneering awarded multi-operator decom contract in Dutch North Sea   Oceaneering has been awarded a joint contract by six oil and gas operators to decommission wells in the Dutch sector of the North Sea. The Houston-based offshore contractor has landed a deal with NAM, Neptune Energy, ONE-Dyas, Petrogas E&P, TotalEnergies and Wintershall Noordzee for the decommissioning of mud line suspension (MLS) wells that were once drilled for exploration purposes, but never became produc...

Judge rejects campaigners’ bid to curb UK oil production

Judge rejects campaigners’ bid to curb UK oil production   Campaigners’ attempts to use the courts to curb UK oil production have been defeated but they are considering an appeal. The Oil and Gas Authority (OGA) has a legal duty to “maximise economic recovery” of petroleum. The UK produced over 1 million barrels of oil a day in 2020, about 1% of the world’s total. Last month, campaigners’ lawyers argued that the regulator failed to consider g...

Heerema secures decommissioning contract for DNO’s North Sea platforms

Heerema secures decommissioning contract for DNO’s North Sea platforms   Heerema Marine Contractors has secured a contract from the Norwegian oil and gas company DNO to decommission the Ketch and Schooner platforms in the UK Southern North Sea. The Dutch firm will be responsible for the integrated engineering, preparation, removal, and disposal (EPRD) of the two platforms. Installed by Heerema in the 1990s, the Ketch and Schooner platforms are tied-back to the Murdoch comp...

Well Plugging Resumes at Platform Holly

Well Plugging Resumes at Platform Holly   The decommissioning of Platform Holly is back on again, after a pause — as in all aspects of life — for the pandemic. The State Lands Commission held a town hall meeting on Thursday evening, announcing that the DCOR crews were back on the platform, had completed plugging four of the 30 wells, and might be completely done in 12-18 months. During the interval, as they near the end of the abandonment of the wells, the CEQA process...

Defunct North Sea oil rigs and gas pipelines could be reused to make green tech

Defunct North Sea oil rigs and gas pipelines could be reused to make green tech   Defunct oil rigs and pipelines could be recycled and reused in green technologies such as carbon capture and storage, hydrogen production, geothermal energy and offshore wind, a new report suggests. More than one million tonnes of scrapped oil and gas installations are set to be removed from the North Sea and broken up over the next decade in a major operation that will cost nearly £17 billion....

Neptune Energy uses innovative technology for decommissioning work

Neptune Energy uses innovative technology for decommissioning work   Neptune Energy today announced the award of a decommissioning contract to Maersk Supply Service (MSS) for the Juliet field in the UK Southern North Sea, which will deploy innovative technology to reduce the time and costs associated with the removal of the subsea infrastructure. Piping spools and umbilicals will be removed using the Utility ROV Services system (UTROV), a remotely-operated tool carrier equipped wit...

Neptune Energy uses innovative technology for decommissioning work

Neptune Energy uses innovative technology for decommissioning work   Neptune Energy today announced the award of a decommissioning contract to Maersk Supply Service (MSS) for the Juliet field in the UK Southern North Sea, which will deploy innovative technology to reduce the time and costs associated with the removal of the subsea infrastructure. Piping spools and umbilicals will be removed using the Utility ROV Services system (UTROV), a remotely-operated tool carrier equipped wit...

Decommissioning project dashboards give suppliers the inside track

Decommissioning project dashboards give suppliers the inside track   Initiative answers call for greater visibility of decommissioning work schedules Trio of UKCS operators support industry taskforce’s pilot scheme An industry taskforce has launched an initiative harnessing data and digital solutions to give the supply chain a clearer picture of future decommissioning work. A lack of certainty and transparency around the timing of projects has been a persistent sou...

Oil and gas decommissioning costs to hit nearly £17bn with 1.2m tonnes from North Sea to be removed

Oil and gas decommissioning costs to hit nearly £17bn with 1.2m tonnes from North Sea to be removed   With 1.2 million tonnes of disused oil and gas installations from the North Sea expected to be removed for reuse and recycling, UK oil and gas firms are being forecast to spend some £16.6bn on decommissioning work over the next decade. Industry body Oil and Gas UK (OGUK) said work in this area would be “returning to its usual pace” after a decline last year...

Offshore Decommissioning Market to Grow $8.0 Billion by 2027

Offshore Decommissioning Market to Grow $8.0 Billion by 2027   The Offshore Decommissioning Market size is expected to grow from an estimated USD 5.2 billion in 2021 to USD 8.0 billion by 2027, at a CAGR of 7.4%. Aging offshore oil & gas infrastructure and maturing fields are driving the offshore decommissioning industry. Low oil prices of the past couple of years have made it even more difficult to maintain low production mature reserves, driving companies to accelerate decommis...

Offshore Oil And Gas Field Decommissioning: Disputes And Other Challenges

Offshore Oil And Gas Field Decommissioning: Disputes And Other Challenges   As offshore assets age, oil and gas companies face a wave of decommissioning obligations, with expenditures estimated to exceed US$200 billion in coming decades. Decommissioning is not simply demolition. It requires plugging and abandonment of subsea wells. It requires reverse engineering structures in order to dismantle them safely and efficiently. It requires the destruction or recycling of substantial wast...

Dales Marine successfully decommissions MV Oceanic Pintail, recycling one hundred per cent of the vessel

Dales Marine successfully decommissions MV Oceanic Pintail, recycling one hundred per cent of the vessel   Dales Marine Services Ltd (Dales Marine), an EU List approved supplier of vessel decommissioning, announces the successful decommissioning and recycling of MV Oceanic Pintail. MV Oceanic Pintail, launched in 1987, was owned by the Nuclear Decommissioning Authority and operated by its transport business Nuclear Transport Solutions.  MV Oceanic Pintail arrived at the Dale...

Aker Solutions, AF Gruppen Given Go-Ahead To Create Decom JV

Aker Solutions, AF Gruppen Given Go-Ahead To Create Decom JV   The Norwegian Competition Authority (NCA) has not had any objections regarding the creation of a decommissioning joint venture between AF Gruppen and Aker Solutions. Aker Solutions informed that the transaction was subject to due diligence and final board approvals, expected to be completed during the fourth quarter of 2021. To remind, Aker Solutions and AF Gruppen signed the letter of intent to merge the two compani...

Aberdeen oil and gas services firm gets £3.5 million BGF investment

Aberdeen oil and gas services firm gets £3.5 million BGF investment   Aberdeen-based oil and gas services firm isol8 has received a £3.5m investment from BGF to support its long-term growth plans, including doubling staff numbers during the next 12 months. The funding will also be used to develop its zero-emissions product portfolio and expand services into the wellbore construction sector. The company's wellbore barrier technology supports the UK Government&rsqu...

Expro completes first subsea abandonment intervention riser project with drilling contractor for Petronas operations in Mauritania

Expro completes first subsea abandonment intervention riser project with drilling contractor for Petronas operations in Mauritania   Expro, a leading international oilfield services company, today announced it has successfully completed an integrated Plug and Abandonment (P&A) contract valued at more than $20 million for a subsidiary of PETRONAS, PC Mauritania 1 Pty Ltd (PCMPL), which manages offshore operations in Mauritania, West Africa. The well intervention scope of the P&a...

New decommissioning facility to be established in Montrose

New decommissioning facility to be established in Montrose   A leading metals processing company has announced plans to construct a new dedicated decommissioning facility at Montrose Port for offshore oil and gas infrastructure which has reached the end of its service life, to help meet demand for the service in the North Sea. John Lawrie Metals Ltd has signed a 12-year lease with Montrose Port for the decommissioning site on the port’s South Quay, which is now Permitted unde...

New Australian Law Makes Offshore Energy Companies Pay for Cleanup

New Australian Law Makes Offshore Energy Companies Pay for Cleanup   The Australian parliament this week passed a law to force big oil and gas producers to pay for the cost of decommissioning offshore rigs, with Keith Pitt, the federal minister for Resources and Water, stating the law was to ensure taxpayers are not left to foot the bill. Earlier this month, the minister told Australia's parliament that the cost of removing offshore rigs from the ocean would be approximately $...
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