Offshore Decommissioning: Planning for the End at the Beginning
With global decommissioning activities forecast to reach $100 billion through 2030, early planning for it could go far in helping to minimize risk and associated costs. It is the $100 billion elephant in the room. It is the last item on a never-ending list of things to do that gets delayed until it can no […]
Repurposing oil & gas infrastructure to harness offshore wind power
As the green energy push gathers speed, propelling the shift to renewable energy sources forward, this raises concerns about oil and gas projects being in danger of turning into stranded assets while the world hurtles towards net-zero. However, the potential of converting the existing fossil fuels infrastructure for use in the offshore wind industry brings […]
Study Shows 14,000 Unplugged Oil and Gas Wells in Gulf of Mexico
The Gulf of Mexico is full of unused oil and gas wells, and it could cost a fortune to clean them up. Non-producing oil and gas wells in the Gulf will cost a staggering $30 billion to safely plug and abandon, according to a new study published in Nature Energy. It identified about 14,000 such […]
STP&I Dismantling Yard Site Visit
Hosted by Mahidol University (MU) on 17 May 2023
Study calls for action to explore potential impacts of decommissioned offshore structures
Making uniform decisions to justify the decommissioning of offshore artificial structures at the end of their lives could pose significant environmental challenges, a new study has said. In line with the global decarbonization agenda, governments and industries worldwide are exploring how best to expand the use of renewable energy technologies to replace fossil fuels. News […]
ABL Group Gets L7 Field Decommissioning Job
ABL Group – an independent energy and marine consultancy group to the global renewables, maritime and oil and gas sectors – has been appointed to the L7 field decommissioning project. The company has been chosen by TotalEnergies EP Nederland as the marine warranty surveyor for the decommissioning operations of the field in the Dutch sector […]
Chevron selects InterMoor for decommissioning work in Thailand
InterMoor, a subsidiary of Acteon, a marine energy and offshore services provider, has secured a decommissioning contract from oil and gas giant Chevron, off the coast of Thailand. The latest contract from Chevron Thailand Exploration and Production (CTEP) follows InterMoor’s completion of Phase 1 decommissioning work in the Gulf of Thailand in 2021. The extended […]
Instead of killing ‘the golden goose,’ UK politicians urged to work with oil & gas industry for balanced transition
The North Sea Chapter of the International Association of Drilling Contractors (IADC) has written to parliamentarians across the UK, urging them to ignore “the political point scoring,” which has led to premature calls for the abandonment of the UK’s oil and gas industry. The North Sea drillers’ association has issued a letter to MPs at […]
Oil and gas decommissioning and the potential for heavy lift service providers
Increased decommissioning of offshore oil and gas installations could open up new work opportunities for some heavy lift service providers over the next decade. However, opinion varies over the likely scale of that business, with some observers suggesting much of the work is more likely to go to specialist engineering companies rather than general international […]
Offshore Energies UK welcomes David Whitehouse as their new CEO
It’s the start of 2023: The UK faces a potential recession, energy security pressures, a major conflict in Ukraine and, sometime soon, a general election where energy and the cost of living will be top of the political agenda. There could be quieter times to take over as chief executive of Offshore Energies UK – […]
