With massive decommissioning costs on the horizon in the UK North Sea, University...
- Decommissioning North Sea platforms: should we let sleeping giants lie?
- FSU to add 145,000bpd to global oil supply by 2021
- Oceaneering’s subsidiary buys Scottish offshore firm Ecosse Subsea
- North America will continue to offer many licence opportunities in 2018
- Deepwater development: outlook for 2018
Decommissioning North Sea platforms: should we let sleeping giants lie?
With massive decommissioning costs on the horizon in the UK North Sea, University of Aberdeen academic Tom Baxter has argued that there is no reason to actually remove offshore oil platforms. Instead, they should be made ‘clean’ and able to support marine life. Many environmental groups disagree. Given the costs involved in removing offshore infrastructure, would it make sense to avoid outright removal?
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FSU to add 145,000bpd to global oil supply by 2021
GlobalData’s latest analysis of crude oil production in Former Soviet Union (FSU) shows that about $123bn in capital expenditure (CAPEX) would be spent by FSU on oil projects over the next four years to ensure that production grows to around 14.2 million barrel per day (Mbpd) in 2021.
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Oceaneering’s subsidiary buys Scottish offshore firm Ecosse Subsea
A subsidiary of US-based engineering services company Oceaneering International has acquired Scottish offshore engineering firm Ecosse Subsea (Ecosse) for about £50m.
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Wintershall awards $230m subsea contracts for North Sea’s Nova field
Wintershall Norge has awarded two subsea contracts for the Nova field in the Norwegian North Sea, with a combined value of around $230m.
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