PTTEP aiming to reuse platforms, deploys robots offshore
Thailand’s national upstream company PTTEP is studying the potential reuse of the topsides and jackets of existing wellhead platforms that could help reduce the company’s carbon footprint and save money on future projects. PTTEP is working on more than 60 research and development initiatives, including “main structure reuse”, which has an emphasis on reusing WHP […]
Offshore Oil & Gas Decommissioning Market Report 2023-2033
Forecasts by Removal Type (Leave in Place, Partial Removal, Toppled in Place, Complete Removal), by Techniques (Well Plugging and Abandonment, Pipeline Decommissioning, Platform Decommissioning, Umbilical Decommissioning, Subsea Structure Decommissioning), by Technology (Jackside and Topside Removal, Well Intervention Vessels and Systems, Cutting and Severing, Heavy Lift Technologies), by Services (Project Management and Compliance, Mobilization and Demobilization […]
New guide to help governments manage costly oil and gas closures
The Commonwealth Secretariat has released a new practical guide to help governments manage costly oil and gas decommissioning activities, which are expected to surge as a result of the global energy transition. Decommissioning is a complex and costly process at the end of the economic life of an individual oil and gas project. It involves […]
North Sea Transition Authority Looking for Head of Decom
The North Sea Transition Authority (NSTA) is currently hiring for a head of decommissioning, based in Aberdeen. The full time, permanent role comes with a salary of GBP 118,830 ($144,779) and requires a “basic” level of security clearance, according to a job advertisement posted on the organization’s website. The closing date for applications is December […]
3rd International Seminar Explores Offshore Decommissioning Challenges and Solutions
Bangkok, Thailand, November 28, 2022 – The 3rd International Seminar on “Challenges and Opportunities in Offshore Decommissioning in South East Asia and Beyond” and Focus Group Discussion (FGD) was held on 28th of November, 2022, from 9:00 AM to 5:00 PM (UTC +7). This hybrid event, hosted by Universiti Teknologi PETRONAS (UTP), Malaysia and Mahidol […]
Could seaweed, mussels and coral on decommissioned oil platforms be new source of feed for Scottish aquaculture?
Scientists hope to show marine growth on inactive North Sea oil and gas platforms can be turned into fish and animal feeds. It is hoped seaweed and algae brought to shore during decommissioning can be recycled for the benefit of Scotland’s valuable salmon and shellfish farming industry. In what is said to be a global […]
Australian rig recycling centre proposed
In a submission to the Western Australian government, Friends of the Earth Australia (FoEA) is calling for an Australian Rig Recycling Centre (ARRC) to be built in the Pilbara, where decommissioned oil and gas rigs can be cleaned and scrapped for recycling. FoEA says the new centre would provide thousands of new, ongoing jobs. The submission […]
How decommissioning surety guarantees can help improve oil and gas operators’ financial position
The insurance market issues various third party guarantees on behalf of energy exploration and production operators in the oil and gas sector. Many of these guarantees cover both onshore and offshore decommissioning obligations, and are referred to as surety bonds or surety guarantees issued by sureties or surety companies. While contractual requirements are usually in […]
TAQA in decommissioning push as North Sea assets enter final decade
“In the early 2030s we will have probably removed all of the assets we have operating at the moment,” says David Wilson, decommissioning and projects director at TAQA (ADX: TAQA). The “rubber is hitting the road,” is another way he describes the surge of work coming from the Abu Dhabi-owned operator. There are some sizeable […]
Qatargas awards $4.3bn offshore contract to Saipem
Qatargas has awarded a contract worth approximately $4.5bn to Saipem related to two offshore gas compression complexes for the North field offshore Qatar. The contract has been awarded for the North Field Production Sustainability (NFPS) Offshore Compression Complexes Project – EPC 2. Saipem noted that the order marks the ‘largest’ single offshore contract by total […]
