Energy companies have been slashing exploration and production budgets since the COVID-19 pandemic took hold and sent oil prices tumbling, but, with few profitable investment alternatives, operators are now likely to increase spending in decommissioning […]
Archer has announced its formal contract award for the provision of Derrick Equipment Set (DES) and Derrick removal services on Cormorant Alpha by TAQA. The scope of services includes the engineering design and preparation activities, […]
International engineering and design specialists PD&MS Group has been awarded a new 3-year contract with options for a further 3-year extension with Spirit Energy. The deal, worth an undisclosed multimillion-pound sum, will see the Aberdeen […]
A digital twinning and smart data asset management tool from Bureau Veritas, a global provider of testing, inspection and certification services, can save between 9% and 15% on total decommissioning project costs, research has revealed. […]
The Oil and Gas Authority (OGA) is encouraging decommissioning professionals to increase their usage of a valuable online resource. The OGA’s interactive Decommissioning Learning microsite was set up in July 2018 to capture and promote […]
Aquaterra Energy, global offshore engineering solutions provider, has signed a Memorandum of Understanding (MoU) with Oceaneering International Services Ltd. (Oceaneering), to offer complete decommissioning and late life solution packages to the North Sea oil and […]
Rever Offshore, subsea project delivery and execution provider to the offshore energy industry, continues to consolidate its North Sea presence with the successful completion of the subsea infrastructure decommissioning project of the Greater Dunlin Area […]
N-Sea, an IMR subsea services provider, has celebrated a successful end to 2019 for its Dubai division, with contract awards exceeding 15 million USD, as well as significant growth of its workforce. The projects will […]
Balmoral Subsea Test Centre’s submersion tanks were called into action recently with a requirement to put an innovative new cutting and sealing tool for the decommissioning sector through its paces. Accrington-based Allspeeds, the sole manufacturer […]
Baker Hughes, a GE company and Ocean Installer AS have announced that Vår Energi AS has awarded BHGE and Norwegian subsea contractor Ocean Installer a subsea contract for the engineering, procurement, construction and installation (EPCI) […]
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