Global Economic Outlook 2017 – where does your country sit?

Posted by Andy Norman on 25-Apr-2017 10:00:00

Deloitte’s John England hit the nail on the head in his latest report, 2017 outlook on oil and gas, when he described his views on the global economy in 2016, 2017 and beyond. “While I called 2016 the ‘year of tough decisions,’ I’d characterise 2017 as ’the slow road back.’”

2017 is however already seeing some positive economical improvements. The oil and gas industry is showing some progress with OPEC’s decision to cut production, for example, accelerating the drawdown of global oil inventories. This will help over time create a sustainable, efficient and profitable industry once more.

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Topics: decommissioning

BREXIT: The impact of Brexit on the UK oil and gas industry

Posted by Andy Norman on 28-Feb-2017 10:00:00

Who would have predicted what would proceed the results of the EU Referendum on the 23rd June 2016?

As political and cultural differences have come to the fore over the past six months, the one area that UK businesses have been able to agree on is by calling for the Government to make a ‘smooth transition’ from the European Union.

For the North Sea, in particular, facilitating this transition has never been so needed – especially as the maturing UK Continental Shelf (UKCS) continues to need investment at this critical juncture in its history.

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Topics: decommissioning

The future of the UKCS offshore decommissioning industry: 2017 predictions

Posted by Andy Norman on 04-Jan-2017 10:01:04

Decommissioning is an emerging sector in UK and Norwegian waters. Accounting for 2% of total expenditure in the industry back in 2010, decommissioning now accounts for over 5% in the latest statistics released by Oil & Gas UK.

Over the next decade, Oil & Gas UK expect more than 100 platforms to be partially or completely removed, over 1,800 wells are forecast to be plugged and abandoned, and close to 7,500 kilometres of pipeline are set to be decommissioned.

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Topics: decommissioning

The infographic guide to two decades of offshore decommissioning

Posted by Andy Norman on 07-Dec-2016 11:00:00

Claxton’s well abandonment experience stretches back over 20 years. We have a long standing record working on decommissioning projects around the world and have invested in creating a portfolio of comprehensive services. Experienced in platform, subsea, rigless and vessel based campaigns, Claxton supports well decommissioning by providing risers, wellhead removal, conductor severance, well P&A and solutions to overcome integrity issues with platforms or ageing well infrastructure.

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Topics: decommissioning

Maximising economic recovery in the UK through decommissioning, exploration and collaboration

Posted by Andy Norman on 22-Nov-2016 10:00:00


The Oil & Gas Authority (OGA) clarified their position in the UK’s oil and gas industry at a recent event held in Aberdeen, as they spoke openly to delegates about the expectations they believe are achievable across British waters.

The OGA, established in 2016, is an arm’s-length Government company created to regulate, influence and promote the practice of maximising economic recovery. The all-day event entitled MER UK in Practice, covered various areas of discussion, including the introduction of ‘robust’ and progressive regulations to help stimulate the market.

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Topics: decommissioning

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