University Consortium Prepares for Spike in Decommissioning
A new university-led consortium aims to bring together industry and academia to help operators efficiently orchestrate the final days of deepwater developments.
The Looming Market for Abandonment and Decommissioning
As the boom of the 1970s and 1980s makes way for the first tranche of major decommissioning projects, the market for abandonment and decommissioning has grown over the past 5 years. To deliver these projects in a safe and economic way, decommissioning needs to be accepted as a serious challenge.
Concurrent Decommissioning Method Enables Safer, Lower-Cost Process
With regulatory pressure and the cost of decommissioning increasing, many operators are seeking new and better decommissioning methods that could get more work done safely and at a lower cost.
Offshore Europe Review: North Sea’s Problems Driving Push For Change
The global industry is feeling the pain of the oil price plunge, but the UK feels it more acutely. Exploration drilling is at rock bottom levels, the offshore UK Continental Shelf is one of the world’s most expensive from which to produce a barrel of oil, and investment spending is expected to fall.
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