The UK’s offshore decommissioning regulator has approved Repsol Sinopec’s plans to decommission infrastructure around the Saltire area, with work set to begin later in the decade. Repsol Sinopec Resources UK filed the latest revisions to its proposed decom programme with the Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) in early 2022, covering the removal of the Saltire A topsides, alongside …
Deep Ocean is set to begin removing more than 1,200 tonnes of subsea equipment from BP’s Miller field later this year, under a contract described as a ‘first’ for supermajor in the North Sea. In project paperwork filed with the North Sea Transition Authority (NSTA), BP said the sale and purchase agreement (SPA) had been agreed with Deep Ocean in …
Decommissioning – where next?
2022. A challenging year across the energy industry, yes. Some would also call it a year of change, but I’m not so sure about that. When it comes to the Transition, we’re no longer at the beginning – we’re now a substantial way along the road and the energy industry is changing structure apace. Read more here
Aberdeen decommissioning firm Cutting Underwater Technologies (CUT) has landed a key, four-year contract with heavy lift specialist Heerema Marine Contractors. It comes as the Bridge of Don-based CUT, a provider of cutting services for offshore assets ahead of removal, is on track for a predicted turnover of more than £5.1m in 2022. Read more here
Aberdeen-based Repsol Sinopec has signed a deal with Liberty Industrial for the decontamination, demolition and site remediation of Nigg Oil Terminal. Planning and engineering work will begin by the end of the year with decommissioning work starting in 2023 with a goal of completion by 2025, at which point the terminal will be handed back to the leaseholder Global Energy …
A pair of North Sea firms are preparing belated Christmas presents for the supply chain, in the form of decommissioning contracts. Operators Ithaca Energy and CNR International have both signalled their intention to put subsea deals to the market in January 2023. Read more here
The project will capture, transport and store 6 MMtonnes per year growing up to 10 MMtonnes/year of CO2 emitted from the Thames Estuary and potentially northwest European regions into the Hewett depleted gas field. Eni UK has launched the Bacton Thames Net Zero (BTNZ) Cooperation Agreement with the shared aim of decarbonizing industrial processes in the southeast of England and …
Operator EnQuest (LON: ENQ) has emerged as the latest North Sea firm to throw its hat into the carbon capture and storage (CCS) ring. In an operational update, shared on Thursday, the company revealed in September, it submitted applications to the North Sea Transition Authority (NSTA) for two licences to stow emissions. Read more here
Offshore Energies UK expects 2,100 UK North Sea wells to be decommissioned during the next decade, with an average P&A cost per well of £7.8 million ($9.26 billion). Read more here
The UK will spend billions removing oil and gas assets over the next decade, and billions more installing offshore windfarms – so why doesn’t it have a heavy lift business to capitalise on it? That’s a question that TAQA decommissioning director David Wilson brought up this month, who said there’s a “really strong business case” for a UK firm to invest in …