Cluster of North Sea decommissioning contracts on the way

Cluster of North Sea decommissioning contracts on the way

A raft of North Sea decommissioning contracts are on the way from operators including Harbour Energy, Eni, CNOOC, Taqa and more.

Harbour Energy, the newly merged entity of Premier Oil and Chrysaor, said the Balmoral platform is due to leave its namesake field this month, with a contract for dismantling and recycling work expected to be awarded in Q2 of this year.

Premier Oil decided to call time on Balmoral last year due to the impact of the Covid-19 pandemic on its economics.