decommissioning

ExxonMobil has initiated front-end engineering design studies to determine the feasibility of developing a South East Australia carbon capture and storage hub in the Bass Strait, where some of Australia’s oldest offshore oil and gas fields are to be decommissioned.

A decommissioning project carried out by DOF Subsea on behalf of Repsol Sinopec Resources UK in the Central North Sea has achieved a 99% rate for the combined recycling and repurposing of recovered materials.

The US government has made more than $1 billion available to qualified states. The program is part of the recently passed infrastructure law.

The Heerema semisubmersible crane vessels Thialf and Sleipnir were used on the job to remove the 36,000-ton structure.

Rystad Energy compared the decommissioning costs based on two similar steel platforms, one in each region, using its cost-estimating tool.

Decommissioning and abandonment comes with its share of unexpected surprises, but many of those surprises could be avoided merely through better planning and care.

The next big wave of decommissioning and abandonment projects is set to occur in the Asia-Pacific region, and APAC’s operators are now tasked with finding cost- and time-effective ways of unwinding their huge agglomeration of wells and facilities.

Many operators are taking a full-life-cycle approach to preparing for decommissioning—a shift borne of necessity amid cost and regulatory constraints.

With no money to be made, P&A is one area where operators can put aside their hyper-competitiveness to work together. Members of the recently formed PACE network discussed the virtues of collaboration at the Decommissioning and Abandonment Summit 2018.

A panel of UK government officials and industry executives discuss opportunities to increase efficiency in North Sea decommissioning programs.