Over half of oil and gas fields in UK North Sea to cease production by 2030

Decommissioning the UK North Sea’s energy installations could present a £20 billion ($25 billion) business opportunity over the next 20 years, according to a new report. According to Decommissioning Insight 2023 published by Offshore Energies UK (OEUK), 180 out of 283 active oil and gas fields in the North Sea will have ceased production by […]

MMA Offshore going to Timor-Leste for decommissioning ops

MMA Offshore has secured a contract to deliver a range of subsea services in support of decommissioning activities in Timor-Leste. MMA announced that it had been awarded a contract by Timor Gap Drilling And Services, Unipessoal, LDA, a subsidiary of Timor Gap E.P., in association with Santos to provide offshore decommissioning services in Timor-Leste. The […]

Decommissioning Costs Could Overtake Oil and Gas Capex in the UK by 2040

The costs of decommissioning oil and gas platforms in the UK’s North Sea could overtake capital expenditure in the industry by 2040, a new report from Offshore Energies UK has suggested. At the moment, decommissioning costs represent a relatively small part of oil and gas companies’ total spending. Last year saw decommissioning costs accounted for […]

Fulmar Field Decommissioning, North Sea, UK

The plug and abandonment work at the Fulmar field is expected to commence by early 2025. Fulmar is an offshore oil field in the North Seam operated by Repsol Sinopec. Development of the field began in 1978, while the installation of the Fulmar complex was completed in 1981. Oil production from the Fulmar field commenced […]

Port of Blyth hails record oil and gas decommissioning project

A dock operator has secured its largest-ever oil and gas decommissioning project. Port of Blyth has welcomed 7000-tonnes of ex-North Sea rigs to its Battleship Wharf terminal. The apparatus, which includes several platform topsides and jackets, will be demolished by Thompsons of Prudhoe over the coming weeks. News article on 19 September 2023 from ogv.energy […]

Petrobras, Porto do Açu partner on five-year oil, gas decommissioning campaign

(WO) – Petrobras signed an agreement with Porto do Açu (RJ) to provide support to the decommissioning of oil and gas platforms. The agreement makes docks available for platforms undergoing decommissioning until the final destination of the unit has been decided, in accordance with best international practices on green recycling and sustainability. The contract with […]

How Do We Dismantle Offshore Oil Structures Without Making the Public Pay?

As pressures build for the energy industry to move away from fossil fuels, two new reports examine the risk that fossil-fuel companies will default on future obligations to decommission offshore oil and gas infrastructure and pass the costs on to the public. The reports lay out recommendations to avoid such a scenario. They were just […]

Port of Blyth’s largest oil & gas decom gig underway for three North Sea platforms

The UK’s Port of Blyth is embarking on its largest oil and gas decommissioning project to date, covering several topsides and jackets from three North Sea platforms, which were removed by Heerema Marine Contractors’ second-largest semi-submersible crane vessel (SSCV), Thialf. Port of Blyth recently brought three topsides and three jackets – removed from the North […]

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