Regulatory Push Grows for Decommissioning of Subsea Equipment
Increasing pressure to properly decommission subsea production systems when offshore oil and gas fields are plugged and abandoned (P&A) is becoming a major issue as low oil prices increasingly force producers to shut in unprofitable wells, Bruce Crager, executive vice president of Endeavor Management, said on 12 January at the monthly roundtable luncheon hosted by the Rice Global Engineering & Construction Forum.
“The subsea decommissioning market is becoming a focus worldwide due to lower oil prices and more regulatory pressure to P&A nonproducing wells,” Crager said in a presentation, Status of Subsea Decommissioning. “There appears to be real consideration of the benefits of leaving subsea systems in place vs. recovering them.”
Crager said most countries with offshore oil and gas production require subsea wells be plugged and abandoned as offshore fields reach the end of their productive lives; most regulatory regimes mandate that subsea flowlines, umbilicals, manifolds, and other subsea hardware be properly decommissioned as part of the P&A process. As many as thousands of offshore wells are and will be affected, he said.
“Decommissioning of subsea production systems and components is becoming increasingly important to offshore oil and gas operators. This means energy engineering and construction (E&C) companies need to solve significant technical, logistical, and management issues whenever subsea equipment is decommissioned,” Crager said. “Offshore production companies frequently reply upon energy E&C companies for the people, skill sets, and know-how needed to properly decommission subsea equipment.”
Trendsetter Completes Delivery of Production Equipment for Leviathan Project
Trendsetter Engineering completed its 2-year design and build work for Noble Energy’s Leviathan project.
LLOG Awards McDermott Subsea Tiebacks Contract for Stonefly in Gulf of Mexico
LLOG’s subsea pipeline tiebacks and structures connecting the Stonefly development to the Ram Powell platform are scheduled to be installed in Q3 2019.
DNV To Oversee Bolt Fatigue Testing Program Focused on Subsea Systems
Testing will be performed at DNV’s labs in Columbus, Ohio, and Norway and overseen by experts in fatigue of subsea equipment, bolting connections, cathodic protection, and instrumented tests.
Don't miss out on the latest technology delivered to your email every two weeks. Sign up for the OGF newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.
11 February 2019
30 January 2019
04 February 2019
28 January 2019