Intervention activity rose last year across northern parts of the UK Continental Shelf, according to the North Sea Transition Authority’s 2024 Wells Insight Report.
Oceaneering International Services has secured multiple contracts for decommissioning, inspection, subsea preparation and installation support services in the North Sea.
Woodside Energy spent about $325 million on decommissioning activities offshore Australia during the first half of this year, the company said in its latest results update.