A new company focused on the plugging and abandonment of wells in the North Sea鈥檚 decommissioning sector has been set up by three oil and gas industry veterans. Aberdeen-based Well Decom has been launched to help companies manage costs鈥
The UK oil and gas industry is set to become a pioneer in decommissioning activity globally and has the opportunity to become leaders in this field according to Wood Mackenzie. 'Although decommissioning in the North Sea has been an impending reality for some time鈥
Entek Energy has agreed a deal with Peregrine Oil & Gas to sell its entire Gulf of Mexico portfolio. The interests comprise Entek鈥檚 respective 38% and 25% interests in the GA A133 and PN 975 blocks, and its overriding royalty interest in the VR 341/342 blocks鈥
Nexen Petroleum is to end production from the Ettrick field in the North Sea and remove the floating production facility FPSO Aoka Mizu from the location. Nexen, which is owned by China National 云顶赌场老虎机 Corporation, terminated a contract with FPSO provider Bluewater in March鈥
Repsol has been given the green light to remove the Petrojarl Varg floating production unit and related subsea structures from the Varg field offshore Norway. The Varg oil field is in the North Sea, about 220km south-west of Utsira in Rogaland county鈥
Norway's DNV GL has issued a new, globally applicable Recommended Practice (RP) forrisk-based plugging and abandonment of offshore wells. The certificaton and verification society says, in combination with optimized project execution and new technology鈥
Scrap or refurbish and reuse? It鈥檚 a question being asked on the UK Continental Shelf. Elaine Maslin reports. Pipe, ready for reuse. Staff photo. At a recent conference in Aberdeen鈥
Petrofac has been awarded a duty holder contract from BP to support the late life management of the Miller platform, in the UK central North Sea. The contract is for 'life of asset' but has a four-year ceiling at which point extension options will be reviewed as required鈥
Tullow Oil is eying exploration leads offshore Mauritania in order to fulfill a minimum work obligation of one well on the block before the second exploration phase runs out in November 2017. Image from Tullow鈥
Wild Well Control鈥檚 DeepRange tool, in conjunction with its 7Series riserless intervention system, has successfully performed full plug and abandonment operations on four subsea wells in the Gulf of Mexico. These wells are a part of a larger鈥
Repsol Norge awarded DeepOcean a contract for provision of engineering, procurement, removal and disposal (EPRD) of Varg Subsea facilities in the North Sea. Image of the Edda Freya, from DeepOcean鈥
Some 65 MMboe will be left untapped offshore Norway due to the early shut down of fields and the failure of the Vette project to meet economic margins, according to a report by the International Energy Agency (IEA). The IEA's April Oil鈥
Statoil has chosen its two key contractors for the Huldra platform removal from the Norwegian sector of the North Sea. The gas and condensate field, northeast of Bergen, came on stream in 2001 and, on plateau, produced 10.3 MMcu m/d鈥
Well management and performance improvement firm Exceed has bolstered its decommissioning credentials through a strategic alliance with Weatherford. The collaboration will offer an end-to-end solution for well decommissioning, using an鈥
Wärtsilä has been awarded the contract to provide the design for a new jackup lift vessel. The contract was signed in March with a well-known Chinese yard and includes an option for three additional vessels. The Wärtsilä design was developed in collaboration with Altis鈥
