Our Global Operations across four core regions — Africa, Middle East, Europe and North America — allow us to discover and develop key opportunities for future growth
Up-to-date investor information, including stock and financial updates, events and presentations, shareholder services, annual reviews and FAQs.
Our spirit of innovation and commitment to delivering superior products that address even the most complex challenges drives Marathon Oil’s legacy of technical excellence.
Decommissioning Programmes present the scope of work to be completed and the timeframe in which to comply with the Petroleum Act 1998, as amended by the Energy Act 2008. The scope of the Brae Area is considerable, including three fixed steel jacket platforms, three Marathon Oil operated subsea tie-backs and numerous pipelines and subsea components.
The Decommissioning Programmes are being developed based on extensive and wide reaching studies and assessments that have been used to evaluate the appropriate options for dealing with the oil and gas infrastructure. Validated assessment techniques that capture safety, environmental, socio economic, technical and economic factors have been used to develop a balanced and appropriate decommissioning solution.
The Decommissioning Programmes:
The Decommissioning Programmes are supported by an environmental assessment, which is an appraisal of the potential environmental impacts associated with the Project. This will be documented within an Environmental Statement.
Once the scope of work detailed in the Decommissioning Programmes has been completed, a seabed survey will be completed to verify the scope has been accomplished. Supplementary and ongoing monitoring of any equipment left in place will continue, as required by the Petroleum Act.