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Latest news - Decommissioning

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 $...

Indonesia set for massive offshore decommissioning push

Indonesia set for massive offshore decommissioning push   Indonesian upstream regulator SKK Migas will conduct a decommissioning program for seven platforms no longer used to support upstream oil and gas operations. SKK Migas said on Tuesday that this step was part of the industry’s obligation to carry out post-operation environmental restoration, as required in cooperation contracts. The implementation of decommissioning of seven platforms is also a part of the strategic...

Decom solutions company expands into Aberdeen

Decom solutions company expands into Aberdeen   Decommissioning solutions specialist, Decom Engineering, is expanding its operations with a new base near Aberdeen, which will improve access to key oil and gas clients. The £200 000 investment will establish a test centre and office facility on the doorstep of Europe’s oil capital, as part of a strategy to win major decommissioning projects. Established in 2011, the Northern Ireland-based engineering company has develo...

Oil and gas industry facing $60 billion clean up costs for their own rigs

Oil and gas industry facing $60 billion clean up costs for their own rigs   New laws to force big gas producers to pay the cost of removing their offshore rigs from the ocean are expected to pass parliament this week, sparking an unlikely division between the federal government and the petroleum industry. Resources Minister Keith Pitt said the total industry bill for decommissioning oil and gas rigs would hit $60 billion and his reform is needed to prevent a repeat of the Northern...

High Court to hear case against the OGA

High Court to hear case against the OGA   The British High Court has agreed to hear a case by environmental campaigners claiming that the government's support of North Sea oil and gas companies conflicted with its plans to slash the country's carbon emissions by 2050. The legal challenge revolves around tax breaks oil and gas producers receive in order to help cover costs for dismantling and clearing up aging infrastructure, in what is known as decommissioning. The case...

Cambo Oil Field to cut carbon emissions

Cambo Oil Field to cut carbon emissions   Some campaigners believe the Cambo oil and gas project off the coast of Shetland should not go ahead. Actually, it would be far worse for the environment if domestic oil and gas production fields like Cambo are halted. Some 75 per cent of the UK’s energy needs are currently met by oil and gas. The UK government’s advisory body, the Climate Change Committee (CCC), has said the UK will still need oil and gas for decades to come....

John Lawrie Metals Strengthens Decommissioning Capabilities with Two New Quayside Facilities

John Lawrie Metals Strengthens Decommissioning Capabilities with Two New Quayside Facilities    John Lawrie Metals Ltd, the decommissioning and metal recycling experts, has today announced two new quayside decommissioning facilities in the North East of Scotland.   Following the issue of full Waste Management Permits direct to John Lawrie, it means the company now has the capability to receive and process subsea infrastructure and piece small material at both Aberdeen an...

Fairfield Decom to Cease Trading

Fairfield Decom to Cease Trading   Fairfield Decom has confirmed that it will cease trading in a statement posted on its website. In the statement, the company’s managing director, Graeme Fergusson, described the decision to stop operations as being “very difficult”. “This was especially tough given the talented team that has worked tirelessly to bring this unique solution to the market, bolstered by significant support and encouragement from our sharehol...

Decom cost estimate has fallen 23% to £46bn

Decom cost estimate has fallen 23% to £46bn   The Oil and Gas Authority’s (OGA) 2021 Decom Costs report reveals that the estimate has fallen from the original £59.7 billion to £46bn and is on track to hit the target of £39bn by 2023 called for in the 2017 report. This year’s 4% reduction contributes to a total cut of 23% thus far, an average of almost 6% a year, and in line with what is needed to cut the total cost by 35%. Importantly, the pap...

Pioneering Spirit vessel delivers Valhall jacket for decom

Pioneering Spirit vessel delivers Valhall jacket for decom   Allseas and its giant heavy lift vessel Pioneering Spirit have delivered Aker BP’s Valhall QP jacket to a yard in Norway for decommissioning. Allseas said on Monday that the Valhall QP jacket had been delivered to Aker Solutions’ decommissioning facilities at Eldøyane in Stord, Norway. The upper and lower sections were crane-lifted onto the quayside in the early hours of Saturday morning. After disma...

Decommissioning specialist’s R&D investment paying off with greener solutions for oil and gas sector

Decommissioning specialist’s R&D investment paying off with greener solutions for oil and gas sector Redundant pipelines repurposed to reduce carbon footprint in new projects   A specialist engineering company has invested more than £700,000 to develop tools which provide greener, faster and safer solutions for decommissioning in the energy sector. Decom Engineering’s latest R&D investment has updated their Pipe Coating Removal (PCR) equipment, which cl...

Aker Solutions, AF Gruppen to Merge Offshore Decommissioning Businesses

Aker Solutions, AF Gruppen to Merge Offshore Decommissioning Businesses   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 into a 50/50 owned company "with the goal of creating a leading global player for environmentally friendly recycling of offshore assets." The jo...

AqualisBraemar LOC concludes Sable decommissioning overview

AqualisBraemar LOC concludes Sable decommissioning overview   AqualisBraemar LOC has completed work for the decommissioning and removal campaign for ExxonMobil’s Sable Project offshore Nova Scotia. The company was appointed marine warranty surveyor in 2017 to ensure the safe removal and transportation across the Atlantic Ocean of seven platforms for disposal/recycling, including topsides and jackets with a combined total weight of more than 45,000 metric tons (49,604 tons)....

CessCon Takes Delivery of the DP3 and DP4 for Decommissioning

CessCon Takes Delivery of the DP3 and DP4 for Decommissioning   CessCon Decom, a Scotland-based firm specializing in decommissioning of oil and gas structures, has taken delivery of the DP3 and DP4 offshore platforms from Spirit Energy’s Morecambe Bay development in the East Irish Sea. Allseas’ single-lift vessel Pioneering Spirit delivered the two topsides to CessCon Decom's Energy Park Fife Facility. The topsides were transferred to Allseas’ Iron Lady barge...

Decommissioning rules require careful consideration - Energy Resources Aotearoa

Decommissioning rules require careful consideration - Energy Resources Aotearoa   New decommissioning rules for natural gas and oil fields have good intentions but require careful work to avoid unintended consequences, according to Energy Resources Aotearoa. "We totally support operators taking responsibility and paying the costs for decommissioning. This is what all good operators do," says chief executive John Carnegie. "There seems to be some welcome flexibilit...

Wintershall Dea awards North Sea drilling contract to Saipem

Wintershall Dea awards North Sea drilling contract to Saipem   Saipem has secured a contract from Wintershall Dea Norge, a Norwegian subsidiary of the Wintershall DEA, for drilling campaign in the Norwegian sector of the North Sea. The Italian oilfield services company will deliver the Scarabeo 8 semi-submersible rig to drill six wells at the Nova field located in the production licences PL 418. The contract includes options to drill additional Wintershall-operated wells. Work i...
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