The Panna-Mukta and Tapti (PMT) joint venture partners, consisting of Shell (through BGEPIL), Reliance Industries (RIL), and Oil and Natural Gas Corporation Limited (ONGC), have completed India's first offshore facilities decommissioning project…
The Trump administration will revise a Biden-era rule that required the oil and gas industry to provide nearly $7 billion in new financial assurances to cover the cost of decommissioning old infrastructure, the Interior Department said on Friday…
A dispute between state-run oil company Petrobras and steelmaker Gerdau will delay the first dismantling of an oil production vessel in Brazil by at least a year, people familiar with the matter said, in a setback for local shipyards.The operation…
Global Underwater Hub (GUH) and Subsea Innovation Cluster Australia (SICA) have signed a memorandum of understanding (MoU) to work together to grow the subsea sector in both hemispheres.GUH, the trade and development body which represents the UK’s $11…
A report published by RenewableUK has outlined key proposals to enable the operational lifespan of offshore wind farms to be extended, as well as recommendations for the development of the best decommissioning options.The UK’s first offshore wind farm began generating clean power in 2000…
ƶijϻ well plug and abandonment specialist Well-Safe Solutions has secured contract extension from Italian energy major Eni Energy Netherlands to decommission selected subsea and platform wells across Eni’s portfolio in the Dutch sector of the North Sea…
Malaysia's Petronas will decommission the Sabah-Sarawak gas pipeline, the state energy firm said on Tuesday in its activity outlook report.The 500 km natural gas pipeline in Malaysia connects Kimanis in Sabah to Bintulu in Sarawak and has been operational since early 2014…
Ocean Kinetics and Green Marine completed the decommissioning of OpenHydro’s pioneering tidal energy platform at the European Marine Energy Centre (EMEC) in Orkney.A joint venture partnership was formed in April to deliver the decommissioning contract…
Esso Australia, a subsidiary of ExxonMobil Australia, has hired Allseas for the removal of up to 12 retired oil and gas platforms from the Gippsland Basin in the Bass Strait, with a combined weight of approximately 60,000 tonnes.Allseas’ removal…
W&T ƶijϻ, an independent driller operating in the U.S. Gulf of Mexico, has asked a federal judge to block insurance companies' demands for $250 million in additional collateral for taking apart old oil infrastructure.The offshore drilling…
Brazil's state-run oil firm Petrobras cut $1.1 billion in planned investments in decommissioning oil and gas platforms in its strategic plan for the 2025-2029 period, compared to what was earmarked in its 2024-2028 plan, the company told Reuters…
Australia’s Department of Industry has released an Australian ƶijϻ Resources Decommissioning Roadmap that supports the Australian Government’s plan for a Future Made in Australia.Oil and gas titleholders will spend an estimated $60 billion…
Akastor's subsidiary DDW ƶijϻ has secured a contract extension with Petrofac for its anchor handling tug supply (AHTS) vessel Skandi Emerald.The contract extension is for six months, meaning the contract term has now been extended to July 14…
Oil and gas decommissioning specialist CessCon Group has established a regional headquarters in Perth, marking its entry into the Australian market with the aim of capitalizing on the $50 million decommissioning opportunity for aging oil and gas platforms in the country…