Gulf Oil and Gas accountACCOUNT

Shell Submits Brent Decommissioning Plans

Source: www.gulfoilandgas.com 2/8/2017, Location: Europe

Share |
Royal Dutch Shell is to call time on four decades of history as it prepares to publish multi-billion pound plans to dismantle the colossal oil rigs in the Brent oilfield in what will be viewed as a major milestone for the industry.

The oil giant will today submit its decommissioning plans to the Government, putting an end to the decade it has spent grappling with how to safely retire the aging field.

The work to decommission Brent could take as long as ten years, turning a page on the oil and gas field which has been a cornerstone of the UK's multi-billion pound oil and gas industry for over four decades.

At its peak in the early eighties Brent produced 500,000 barrels of oil a day and Shell estimates that over its lifetime Brent produced around four billion barrels of oil, which is almost 10pc of all the oil and gas produced in the UK sector of the North Sea.

Rigs >>

Rigs News in United Kingdom >>

United States >>  8/15/2017 - Lamprell has reached an amicable settlement with Cameron International Corporation (Cameron), a subsidiary of Schlumberger Limited (Schlumberger) in r...
Norway >>  8/10/2017 - Aker BP ASA has awarded an agreement to Odfjell Drilling for the lease of the semi-submersible drilling rig Deepsea Stavanger for a period of approxim...

Mauritania >>  8/9/2017 - One of Atwood Oceanics, Inc. subsidiaries agreed to a one well contract at an undisclosed day rate for operations offshore Northwest Africa with Kosmo...
Ukraine >>  8/3/2017 - CROSCO, Integrated drilling and Well Services Co., Ltd. is pleased to announce signing of contracts for drilling and well operations with Ukrainian st...

Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Related Articles: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 


United Kingdom Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 |

More News

 

Oil & Gas Companies in United Kingdom >>


Related Links

Gulf Oil and Gas
Copyright Universal Solutions All rights reserved. - Privacy Policy.