Topic: Decommissioning

Coronavirus likely to spur decommissioning frenzy

DecommissioningWith few profitable investment opportunities left as a result of the coronavirus, oil companies will likely increase their spending on decommissioning contracts. Global projects through 2024 could reach a value of 42 billion dollars, say...Read more
|Comment|author: Adnan Bajic

Pioneering Spirit tests new 5,000-tonne crane

OffshorePRESS RELEASE – Allseas is ramping up the final performance tests of Pioneering Spirit’s new 5000-tonne crane as the final phase of commissioning nears conclusion in Rotterdam’s Alexiahaven. This week, the main hoist overload test...Read more
|Comment|author: Adnan Bajic

KenzFigee expands into UK market

EquipmentPRESS RELEASE –  Following a growing demand for offshore equipment and support in the emerging markets such as decommissioning and wind energy, KenzFigee has now expanded its services to the UK. Clients in the UK...Read more
|Comment|author: Adnan Bajic

Allseas bags another decommissioning contract

DecommissioningAllseas has bagged another platform decommissioning contract. The company will remove Repsol Norge’s Gyda Platform, which is located in the Norwegian North Sea. The platform will possibly be reused.  The contract covers both the 18,000 tons...Read more
|Comment|author: Adnan Bajic