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Offshore & subsea

 
 
 

Decommissioning costs in UK North Sea fall again

The UK Oil and Gas Authority’s 2021 Decommissioning Cost Estimate has revealed steady progress towards a £39 billion by end-2022 target – but makes it clear that the industry must maintain the pace of cost-cutting.

 
 
 
 
 
 
 

Zama field to be operated by Pemex

Talos Energy has said it is "very disappointed" with the decision of Mexico's Ministry of Energy to designate Pemex as the operator of the Zama unit offshore Mexico and will explore all legal and strategic options.

 
 
 
 

Dry well drilled offshore Guyana

The Jabillo-1 well drilled by ExxonMobil in the Canje Block, offshore Guyana, did not show evidence of commercial hydrocarbons.