Allseas has won what it has described as the largest ever single decommissioning contract for the UK North Sea by weight with operator Taqa. The deal covers removal and disposal of several platforms across the Northern North Sea: Taqa’s Eider Alpha, Tern Alpha, North Cormorant and Cormorant Alpha installations. Read more here
Nicolas Foucart has been appointed Chief Executive Officer, Repsol Sinopec Resources UK Limited, effective today, 1st September 2022. Mr Foucart replaces Jose Luis Muñoz who held the post from April 2020. Mr Muñoz is relocating to Spain upon being appointed Director of Mergers and Acquisitions (M&A) for Repsol in Madrid. Mr Foucart joined Repsol Sinopec in August 2018, most recently …
Allseas has won what it has described as the largest ever single decommissioning contract for the UK North Sea by weight with operator Taqa. The deal covers removal and disposal of several platforms across the Northern North Sea: Taqa’s Eider Alpha, Tern Alpha, North Cormorant and Cormorant Alpha installations. Read more here
Stena Drilling has announced the creation of a new start-up venture, aimed at providing fully managed well construction and decommissioning. Stena Wells will provide a “completed cohesive package” of services spanning well construction and decommissioning using Stena Drilling’s existing offshore fleet, the company said. Read more here
A trio of energy companies have teamed up to look at turning a Southern North Sea gas platform into a home for seabirds. Alpha Petroleum, Energean and Orsted will explore whether the Wenlock installation can be repurposed as a nesting site for Kittiwakes. Read more here
CessCon Decom (CessCon) will launch a decommissioning hub at the Port of Aberdeen’s £400 million South Harbour expansion in Q3 2022, creating up to 50 new jobs. The new hub will be located within Crathes Quay at South Harbour and deliver dismantling, recycling, and reuse services with a key focus on subsea infrastructure. The jobs boost is expected over the …
An oil rig which was blocked from leaving the Cromarty Firth in 2018 has been sold to a Turkish recycling firm for scrapping The Ocean Vanguard, now simply known as “Van”, has been sold to Turkey’s Rota Shipping and is now leaving the Firth after around eight years in the region. Read more here
The Foinaven FPSO is to be sent to Denmark for decommissioning, as UK yards miss out on the work. Industry sources, who did not wish to be named, confirmed the vessel will head across the North Sea for dismantling. Read more here
Well P&A Projects 2022-2023 Presented by Teresa Munro of Repsol Sinopec Resources UK What does collaboration culture look like? Presented by Simon Marwick of Restrata Solutions Limited Well Decommissioning: A Growing Market Presented by Rebecca Allan of the North Sea Transition Authority (NSTA) Decommissioning and Repurposing: Commercial transformation in Well Decommissioning Presented by Pauline Innes of North …
18/08/2022
‘Worth getting out of bed for’: Regulator predicts £5bn decom spend on North Sea wells by 2027
More than 1,000 North Sea oil and gas wells will be decommissioned over the next five years, the UK regulator has said, carrying a multi-billion-pound prize. The North Sea Transition Authority (NSTA) has estimated 150-200 wells will be fully decommissioned each year over that time frame, at an annual spend of £700m – £1bn. Read more here