decommissioning | Egypt Oil & Gas

Petrobras to Spend $6 B Decommissioning 18 Offshore Platforms

Brazil’s state-run oil producer, Petrobras, has plans to spend $6 billion by 2024 to decommission 18 offshore platforms.

UK North Sea Oil Industry to Lose 146 Offshore Rigs

UK North Sea oil industry is likely to lose estimated 146 offshore oil platforms, down 25%, over the next 10 years, as many oil fields in deep waters will become uneconomic.

Iran Nuclear Derogation Wins International Accolades

Iran has disconnected almost a quarter of its uranium-enriching centrifuges in less than a month, the U.N. nuclear watchdog announced last week.

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