Latest:
Rig bonanza to go abroad
00:00 29 Jun 1995
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Contractors fear that a multi million pound offshore
decommissioning work bonanza, following Shell's decision not to
dump its Brent Spar storage installation at sea, may be lost to
overseas yards.
There are more than 200 offshore structures in place in the North Sea and around the British coast. Shell's about-turn on the disposal of Brent Spar could lead to a flood of dismantling contracts for work-starved fabrication yards. But UK contractors are concerned that there will be a lack of suitable sites for the work around the domestic coastline. And the work may well go to the deep water facilities of Norway and other Continental countries.
One contractor said: 'We are still operating very much in the dark on this work. There seems no reason why the initial fabrication process could not simply be reversed. But the contractors remain unclear about the policy.'
There are more than 200 offshore structures in place in the North Sea and around the British coast. Shell's about-turn on the disposal of Brent Spar could lead to a flood of dismantling contracts for work-starved fabrication yards. But UK contractors are concerned that there will be a lack of suitable sites for the work around the domestic coastline. And the work may well go to the deep water facilities of Norway and other Continental countries.
One contractor said: 'We are still operating very much in the dark on this work. There seems no reason why the initial fabrication process could not simply be reversed. But the contractors remain unclear about the policy.'
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