Natural Gas World
  • Natural Gas News

    Times of Malta: Decommissioning in North Sea ‘huge opportunity’ for PKF

    old

Summary

The massive decommissioning work currently being contemplated in the North Sea oil platforms will lead to the potential offering of structural work

by: Sruthi

Posted in:

Press Notes

Print This Article

Times of Malta: Decommissioning in North Sea ‘huge opportunity’ for PKF

PKF Malta promotes Malta as a potential hub for the oil and gas industry. PKF wants to attract the attention of investors wishing to turn Malta into a hub, servicing the needs of operators requiring maintenance and upgrading of rigs, and in particular, building advanced subsea modern structures.

The massive decommissioning work currently being contemplated in the North Sea oil platforms will lead to the potential offering of structural work, since many assets are reaching the end of their field lives and will require decommissioning.

Malta is witnessing a modest growth in repair work on rigs carried out by Freeport and at Palombo Drydocks and more orders are expected if and when the ex-shipyard at Marsa is fully privatised. Medserv director Anthony Duncan said Malta could well become a ‘mini-North Sea’ if all the oil and gas activity being planned in the Mediterranean takes off.
MORE

Related Articles