Decommissioning oil and gas platforms in the North Sea could end up costing UK taxpayers £24 billion, a new report has indicated.
A new research base with the power to transform the UK into a global leader in oilfield demolition opened in a tiny Aberdeenshire village this morning.
A global consulting firm has created a “roadmap” for North Sea decommissioning, as operators become “seriously concerned” over its costs.
Funding for Aberdeen organisation aims to help confirm Scotland as global centre of decommissioning expertise
Funding of almost £2 million has been awarded to a north-east oil and gas centre.
Decomm North Sea’s chief executive, Tom Leeson, said yesterday that the growing north-east decommissioning sector has “got to make sure that we’re ready for projects” if it is to capitalise on what could be a boom in North Sea decomm contracts.
A multi-million pound centre tasked with making Aberdeen the focal point for oil and gas decommissioning expertise will be launched later this year.
The North Sea’s oil rigs could be transformed into nightclubs, prisons, hotels and distilleries in the future, according to a new report.
A group of North Sea stalwarts have set up a business which will take the sting out of subsea well decommissioning costs – and create hundreds of jobs.
A newly-elected Aberdeen MP today said the UK Chancellor wants Aberdeen to become a centre of excellence in the decommissioning industry.
Scotland is a “decade behind” in preparing for North Sea oil and gas decommissioning and risks losing out on millions of dollars of potential work, according to union chiefs.
With decommissioning edging its way to the forefront of North Sea industry minds, yards are already vying for a slice of a pie thought to be worth £50 billion over 30 years.
A call for decommissioning work to go to Dundee has been condemned by North-east MSPs.