Technology

Operator-backed plasma milling to make North Sea debut in 2017

Jun 25, 2015

A revolutionary technology by GA drilling can cut the time required for section milling from 12 days to several hours and is to undergo full-scale...

Baker Hughes improves casing removal, milling tools amid rising P&A activity

May 27, 2015

Baker Hughes has been improving its technology for cutting and pulling well casing in preparation for a growth in decommissioning activity, Bart...

US' Versabar develops larger lifting unit for global market

Apr 29, 2015

Versabar, the New Orleans-based heavy lifting company, is in preliminary talks with operators to build a larger version of the VB 10,000 heavy...

Projects

Interest builds in joint subsea decom project

Jul 23, 2015

A new joint industry project (JIP) which aims to solve some of the thorniest issues in decommissioning subsea wells has already attracted interest...

UKCS activity rises, Technip bags GoM contract, OIS seals 10-well North Sea deal

Jun 23, 2015

A selection of news from the last month.

Global experts to tackle “solid strategies amid uncertain times” at Well Integrity and Abandonment Conference

Jun 2, 2015

Global well intervention specialist Welltec will present its new annular barrier technology, which it claims removes the need for cement, at the...

Executive Viewpoint

Riserless well systems must improve to challenge rig use

Jul 23, 2015

A lack of reliable riserless systems is one of several issues holding back higher cost-efficiency in the decommissioning sector, industry sources...

Club decommissioning could cut P&A costs by 40%: Marathon Oil

May 26, 2015

Operators could slash Plugging and Abandonment costs for subsea wells by between 30% and 40% if they are willing to take a fully collaborative...

The North Sea is no closer to rigs-to-reef

Apr 10, 2015

On the 20th anniversary of Greenpeace’s campaign against the sinking of the Brent Spar platform, the oil and gas industry in the North Sea is still...

Outlook

UK annual decom costs to double to £2 billion by 2018

Jul 24, 2015

Decommissioning activity is to rise sharply towards the end of this decade and hit £58 billion ($90 billion) by 2050, according to a new report from...

Experts lay down golden rules for cost-effective P&A

Jul 22, 2015

A series of seven round table discussions allowed senior managers from super-majors, tier 1 contractors and independent operators, to set out best...

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