Decommissioning


All posts for Decommissioning

Shell, PETRONAS and ExxonMobil join OWI EU

ABERDEEN, ABERDEENSHIRE, SCOTLAND, January 11, 2018. OWI EU is back for a 5th consecutive year - and this time Shell, Petronas and ExxonMobil have joined the agenda. For more information access the agenda here:  https://tinyurl.com/EIN-Agenda   Over the past 5 years OWI has cemented itself as the ...

Tommy Angell


Posted 1 month agoPress > light well interventionwell interventionWell P&A +4

Sonangol, Chevron & Shell Join Tullow Oil and Total to Discuss Well Intervention in West Africa

Eni Nigeria, Marathon Oil, Shell & Sonangol amongst offshore operators joined by leading well work experts at the Offshore Well Intervention Workshop West Coast of Africa on March 7-8: https://tinyurl.com/yc4eq3ft    150+ senior well intervention experts will get together in March at the Mövenpick ...

Sam Scarpa


Posted 2 months agoPress > well interventionWest AfricaWell P&A +3

Pushing the Boundaries of Decommissioning

By Nicholas Newman www.nicnewmanoxford.com Today, the energy business is changing how it operates, whether drilling for oil and gas or generating electricity from the wind. This means acting in a sustainable and environmentally-responsible manner by applying corporate social responsibility princi ...

Nicholas Newman


Posted 2 months agoOpinion > BusinessDecommissioningcorporate social responsibilty +1

Continuing need for joined-up thinking in the North Sea!

Our 23rd June 2017 Finding Petroleum Decommissioning Forum illustrated how the decommissioning industry in the UK North Sea is moving into a new gear - applying onshore decommissioning experience to offshore projects, improving the information flows, removing obstructions to business transactions (s ...

David Bamford


Posted 6 months agoOpinion > North SeaDecommissioningMarginal Discoveries +1

Total, LLOG, Shell, Marubeni and ConocoPhillips Share Well Intervention Best Practice

The speaker & sponsor line-up for the 4th Offshore Well Intervention GOM Conference on Nov 1-2 in Houston has now been announced: http://tinyurl.com/y7resf7t T he speaker & sponsor line-up for the 4th Offshore Well Intervention GOM Conference on Nov 1-2 in Houston has now been announced: http:// ...

Sam Scarpa


Posted 7 months agoPress > Gulf Of Mexicowell interventionworkover +15

New life for the North Sea!

Conventional petroleum provinces in the North Sea range from mature to very mature, and thus it seems that future will be defined in terms of  “marginal discoveries” - the OGA estimates that there are already  ~350 unsanctioned discoveries in the UKCS – and possibly shale oil/gas, with the intriguin ...

David Bamford


Posted 9 months agoOpinion > North SeaMarginal DiscoveriesUK Shale +1

ROVOP bolsters US team after winning multi-contract awards

Independent subsea remotely operated vehicle (ROV) service provider ROVOP has bolstered its US team after winning a raft of contracts worth around $19 million (£15million) including a two-year deal with a Houston-based global company. Euan Tait has been appointed as president of the company's US op ...

Jane Gray


Posted 9 months agoPress > ROVHoustonDecommissioning +4

ROVOP bolsters US team after winning multi-contract awards

Independent subsea remotely operated vehicle (ROV) service provider ROVOP has bolstered its US team after winning a raft of contracts worth around $19 million (£15million) including a two-year deal with a Houston-based global company. Euan Tait has been appointed as president of the company's US op ...

Jane Gray


Posted 9 months agoPress > ROVSubseaHouston +6

Joined-up thinking about the North Sea?

There seems to be a lot of thought going into the issue of Decommissioning in the North Sea, with companies perhaps beginning to realise that the traditional approach – to take a ‘finger in the air' estimate of the potential costs to put into their accounts and then breathe a sigh of relief when the ...

David Bamford


Posted 10 months agoOpinion > North SeaDecommissioningMarginal Discoveries +2

A new funding solution is needed for oil decommissioning

By Nicholas Newman At the time of writing, we are seeing an increasing number of media reports detailing the huge numbers of abandoned oil wells in Alberta and Texas.  In addition, governments and the industry are experiencing growing concern over the increasing costs of decommissioning and reinsta ...

Nicholas Newman


Posted 10 months agoOpinion > DecommissioningFinancealberta +3

QUATRE LTD ESMS PROVIDES NEW FUNDING and Environmental Liabilities SOLUTION FOR ALBERTA’S OIL & GAS WELLS

QUATRE LTD ESMS (Exit Strategy Management Solutions) products and services PROVIDES NEW FUNDING and Environmental Liabilities SOLUTION FOR ALBERTA'S OIL & GAS WELLS, OIL SANDS, extractive Industries and environmental liabilities. London, March 3 2017:  London-based company Quatre Ltd, has produc ...

Nicholas Newman


Posted 11 months agoPress > albertaDecommissioningwell abandonment +1

Why we shoulld start decommissioning now

Chris Lloyd comments: If the oil and gas industry starts decommissioning earlier and gets a pipeline of projects together, it will enable it to retain expertise, build up a supply chain and organisational capability – and reduce a future decommissioning bottleneck, says Chris Lloyd At the moment ...

Petromall Insights


Posted 11 months agoOpinion > North SeaDecommissioning

Underwater Trainwrecks!

David Bamford writes: Some of you may have already browsed the OGA's five year review of (UKCS) major oil and gas projects. It is a sobering read, chronicling the various mishaps that beset 58 major projects executed between 2011 and 2016. On average: fewer than 25% of projects were delivered o ...

Petromall Insights


Posted 11 months agoOpinion > North SeaDecommissioningMarginal Fields +1

Chrysaor and Enquest buying North Sea assets – two different financial approaches to decommissioning

Greg Coleman comments: In January 2017 there were two big North Sea acquisitions – Enquest buying 25 per cent of BP's Magnus field ($85m) and Chrysaor buying some of Shell North Sea assets ($3.6bn approx.) Both transactions take a different approach to the decommissioning financing – and illustra ...

Petromall Insights


Posted 1 year agoOpinion > North SeaDecommissioningFinancial Impact

Shell - Public consultation begins on Brent oil and gas field decommissioning programme

An extended 60-day public consultation on recommendations to decommission the Brent oil and gas field in the North Sea has begun today following submission by Shell U.K. Limited (“Shell”), the field's operator, of a comprehensive decommissioning programme to the Department for Business, Energy and ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ShellDecommissioningBrent