Mermaid Subsea Services (UK) Ltd has set a new industry benchmark for North Sea decommissioning. Across the course of 2024 the Aberdeen-headquartered company successfully plugged and abandoned (P&A) 30 wells in the UK North Sea using the Island Valiant vessel.
Brazil output rebounds despite November decline from Buzios platform shutdowns
Brazilian oil production is rebounding after platform outages slashed more than 300,000 bpd in...
