GLOBAL RESEARCH SYNDICATE
No Result
View All Result
  • Login
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
No Result
View All Result
globalresearchsyndicate
No Result
View All Result
Home Data Collection

Unplugging and dismantling of Tui oil field draws nearer

globalresearchsyndicate by globalresearchsyndicate
July 19, 2020
in Data Collection
0
Unplugging and dismantling of Tui oil field draws nearer
0
SHARES
8
VIEWS
Share on FacebookShare on Twitter

The FPSO Umuroa moored at the Tui oil field, 50kms from the Taranaki coastline.

supplied/Stuff

The FPSO Umuroa moored at the Tui oil field, 50kms from the Taranaki coastline.

The next stage of shutting down the Tui oil field 50km off the Taranaki coast is set to start with an underwater inspection of the area.

The field has been idle since operators Tamarind Taranaki were placed in receivership and liquidation in 2019 owing $320m to creditors after an unsuccessful drilling programme.

Demobilising the oil field is the current focus before the decommissioning phase begins, a Ministry of Employment, Business and Innovation (MBIE) spokeswoman said.

An underwater survey using a remote-controlled device to get a closer look at the area is planned soon before decommissioning begins, she added.

READ MORE:
* Call for Taranaki firms to get ‘lion’s share’ of lucrative oil and gas decomissioning work
* Tui oil field to be decommissioned
* Iwi upset at possible seabed dumping of failed oil and gas company’s equipment

The Ministry of Employment, Business and Innovation has received a report from UK-based oil-field decommissioning specialist Petrofac on the condition of the field’s eight wells.

The report includes options for removing the floating production and storage vessel Umuroa, which is moored over the field and connected to flow lines from the wells, and other undersea structures.

BW Offshore, which owned the Umuroa, cannot remove the vessel until full decommissioning of the wellhead is completed, the Environmental Protection Authority has said.

Taranaki iwi is working with the EPA and MBIE to ensure environmental and safety regulations are in place.

Shutting down the oil field will be undertaken in two stages – demobilising the Umuroa, and plugging and abandonment of the wells and safe removal of undersea structures.

The Government, which was an unsecured creditor of Tamarind Taranaki, will foot the $155 million decommissioning bill.

Tenders for the decommissioning phase have not been finalised.

Related Posts

How Machine Learning has impacted Consumer Behaviour and Analysis
Consumer Research

How Machine Learning has impacted Consumer Behaviour and Analysis

January 4, 2024
Market Research The Ultimate Weapon for Business Success
Consumer Research

Market Research: The Ultimate Weapon for Business Success

June 22, 2023
Unveiling the Hidden Power of Market Research A Game Changer
Consumer Research

Unveiling the Hidden Power of Market Research: A Game Changer

June 2, 2023
7 Secrets of Market Research Gurus That Will Blow Your Mind
Consumer Research

7 Secrets of Market Research Gurus That Will Blow Your Mind

May 8, 2023
The Shocking Truth About Market Research Revealed!
Consumer Research

The Shocking Truth About Market Research: Revealed!

April 25, 2023
market research, primary research, secondary research, market research trends, market research news,
Consumer Research

Quantitative vs. Qualitative Research. How to choose the Right Research Method for Your Business Needs

March 14, 2023
Next Post
DNS Hijacking Solution Market Research Growth by Manufacturers, Regions, Type and Application, Forecast Analysis to 2025

Particle Accelerators Market with Future Prospects, Key Player SWOT Analysis and Forecast To 2025

Categories

  • Consumer Research
  • Data Analysis
  • Data Collection
  • Industry Research
  • Latest News
  • Market Insights
  • Marketing Research
  • Survey Research
  • Uncategorized

Recent Posts

  • Ipsos Revolutionizes the Global Market Research Landscape
  • How Machine Learning has impacted Consumer Behaviour and Analysis
  • Market Research: The Ultimate Weapon for Business Success
  • Privacy Policy
  • Terms of Use
  • Antispam
  • DMCA

Copyright © 2024 Globalresearchsyndicate.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights

Copyright © 2024 Globalresearchsyndicate.com