Towards smarter and greener decommissioning

Project and financing models for decommissioning are moving up oil and gas operators’ agenda worldwide as ‘lower for longer’ oil prices raise questions about how long ageing assets can operate viably beyond their design lives.

UK: Statoil faces disappointment at Verbier

Norwegian oil company Statoil is unlikely to drill a sidetrack well on the Verbier prospect in the UK North ...

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Azinor bites dust at Partridge well

Azinor Catalyst, the Seacrest Capital Group-backed E&P company, has found no hydrocarbons in its Partridge well ...

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Babcock to support Rough decommissioning

UK-based support services company Babcock is working with Centrica Storage Limited to plan for decommissioning of ...

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Statoil cleared to drill at Troll with ‘Songa Equinox’

Statoil has been given consent by the Petroleum Safety Authority (PSA) to use the Songa Equinox drilling rig to ...

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Fairfield picks LOC as marine partner on Dunlin decom

LOC (Aberdeen) Ltd, part of the marine and engineering consultancy LOC Group, has been appointed by Fairfield to ...

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EnQuest shaves $100 million off Kraken costs

UK-based oil and gas company EnQuest has further cut costs on its Kraken development in the UK sector of the North ...

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Azinor hires Interocean for offshore rig positioning

UK-based Interocean Marine Services has been hired Azinor Catalyst to provide an integrated package of rig move, ...

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CHC's new helicopter takes off for Shell

Offshore helicopter transportation services provider CHC Helicopter has made the inaugural flight of its new Airbus ...

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Magseis wraps up modular ROV North Sea survey

Magseis, a Norwegian geophysical company, has completed its first large-scale survey using a modular ROV-crew. ...

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UK North Sea is reinventing itself, report shows

Around $6 billion worth of mergers and acquisitions in the UK oil and gas sector during the first half of the year ...

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SPE Aberdeen names award winners during Offshore Europe

The Society of Petroleum Engineers (SPE) Aberdeen has announced the winners of the North Sea Regional and SPE ...

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UK gov't remains committed to O&G sector

UK government remains fully committed in its support of the UK’s oil and gas industry, the Exchequer Secretary to ...

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Expro in 5-year well services deal in North Sea

Expro, an oilfield services company, has secured a five-year master services agreement with Repsol Sinopec ...

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Statoil hires Lloyd’s Register for Sverdrup risk analysis

Lloyd’s Register (LR), a global engineering, technical and business services organization, has signed a contract ...

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Statoil gains nod for Visund project

Norwegian oil company Statoil has received an approval from the country’s Ministry of Petroleum and Energy ...

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Bibby Offshore completes two North Sea contracts

Bibby Offshore, the UK-based subsea services provider to the oil & gas industry, has completed two contracts in ...

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UK gov't 'committed to North Sea'

UK government has committed to maximizing economic opportunity in the North Sea at meetings between industry ...

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Erskine restart delayed due to pipeline maintenance

Production restart from the Chevron-operated Erskine gas condensate field in the UK sector of the North Sea has ...

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New JV plans to create North Sea decommissioning hub

UK’s Forth Ports Limited and AF Offshore Decom UK on August 28 signed the head of agreement with the intent ...

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Bergen Group lands Ekofisk work

Bergen Group AAK has been awarded a framework contract by AF Offshore Decom for delivery of subcontractor services ...

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Aker BP drills duster at Hyrokkin

Oil company Aker BP has completed the drilling of wildcat well 25/4-11, targeting the Hyrokkin prospect, located in ...

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