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.
UK weighs early end to North Sea windfall tax amid talks with oil and gas producers
UK officials are holding talks with North Sea oil and gas producers on potentially ending the...
