Heerema has secured a decommissioning contract by Australia’s energy major Woodside Energy that includes the integrated engineering, preparation, removal, and transport of the Nganhurra riser turret mooring (RTM). Read more here
Just as things seemed to be looking up for the sector, decommissioning could be pushed to the back of the queue once again. Professor Alex Kemp, a petroleum economist at Aberdeen University, has made a rather gloomy prediction about the impact of the energy profits levy (EPL) on decommissioning activity. Decom North Sea Interim CEO Sam Long however believes their are …
A decommissioned North Sea platform was finally brought ashore in Weston-super-Mare on Wednesday, ready to begin a new lease of life as the “SEE Monster” art installation. The platform began its five-day journey by barge from the Netherlands last week, arriving off the coast of the seaside town on Tuesday. Read more here
Development pledges and new policing powers on CCUS, hydrogen and decommissioning have been unveiled in the UK Energy Security Bill, marking the “biggest reform” of its kind in a decade. The UK Government has published the legislation, which follows the British Energy Security Strategy being brought out in April. Read more here Photo credit: Energy Voice
Tax repayments related to losses incurred by removing North Sea assets will not be touched by the energy profits levy. A senior figure at HM Treasury has confirmed decommissioning rebates will be exempt from the new 25% windfall tax, a key ask of industry. Read more here Photo credit: Energy Voice
Decom Engineering has secured further contracts across the globe after its chopsaw tool successfully cut its teeth during trials at the National Hyperbaric Centre in Aberdeen. The pipeline decommissioning specialist said it had bagged two contracts worth more than £300,000 in the North Sea and offshore west Africa. Read more here Photo credit: Energy Voice
The Australian Government has awarded Wood the role of Owner’s Team, which will see it assume responsibility for the first phase of decommissioning at the Northern Endeavour vessel. The Northern Endeavour is a 274-metre long floating production storage and offtake (FPSO) facility moored between the Laminaria and Corallina oil fields about 340 miles northwest of Darwin in the Timor Sea. …
ExxonMobil Australia has started a technical tender process for offshore decommissioning works offshore Victoria, southeast Australia. Read more here.
Development of a new joint industry decommissioning cost estimate/target, to take effect from 1st January 2023, has now commenced. To help shape the development of that estimate, a short questionnaire targeted at decommissioning supply chain organisations has been compiled to raise awareness of this work and gather supply chain input to the cost target development. The questionnaire is voluntary and …
Research reveals urgent capital investment is essential to position region as a long-term global leader in offshore energy A new review on the future shape of the energy workforce in the North-East of Scotland by Robert Gordon University (RGU) reveals if the region attracts £17 billion of renewables investment and activities over the next eight years it will be established …