The Head of Decommissioning and Projects at Spirit Energy has raised concerns that the oil and gas industry's ambitions to decommission numerous obsolete wells in the North Sea might face obstacles due to a scarcity of available rigs.

The North Sea's decommissioning sector saw a substantial expenditure of £1.6 billion in 2022, marking the highest yearly spending over the last five years.

The company has been engaged in offshore campaigns across the Central and Southern North Seas, as well as the East Irish Sea, with a focus on dismantling old installations and plugging and abandoning wells.

Following careful consideration, the Dutch Ministry of Infrastructure & Water Management has designated Eemshaven as the Port of Refuge for the troubled freighter, Fremantle Highway.

The agreement with equity partner Neo Energy stipulates that production from the North Sea vessel will cease "on or around" March 31, 2024.

To spearhead this venture, they have appointed Massimo Delia as General Manager of the newly-created Well-Safe Solutions Pty Ltd in Perth, Western Australia.

The Boka Vanguard vessel was utilized to transport a floating production unit to a ship recycling facility, marking a significant milestone for the company.

Norwegian company Aker Solutions has said it has signed a "sizeable" letter of intent with Dutch offshore services firm Heerema Marine Contractors for the decommissioning and recycling of Norwegian offshore platforms.

Allseas' giant Pioneering Spirit heavy lift vessel has completed its first decommissioning job of summer 2020

Perenco has submitted plans to decommission four gas platforms in the UK North Sea