Supply Chain Consortium Launched for Decommissioning Services
A global decommissioning consortium, which includes Lloyd’s Register (LR), WorleyParsons, and Ardent, brings together 350 years of collective experience to reduce the interfaces, costs, and risks of decommissioning for the oil and gas industry.
Provision of services range from late-life management to planning, readiness for removal, execution, waste management, and monitoring post-removal. The consortium has the capability to take well operatorship, duty-holdership and title of offshore structures, in addition to providing independent third-party assurance, according to a LR statement.
Steve Gilbert, director of asset management and decommissioning at LR, said, “It represents a fundamental step change for the industry, aligning assurance, project management, and safe, fit-for-purpose removal and disposal.
|Ardent naval architect Roland De Marco walks in front of the bow piece of the Troll Solution jackup drilling rig after the salvage team cut and lifted it from the seabed in the Bay of Campeche, Mexico. Ardent completed removing the 7,000-ton rig in November 2016 following its collapse while carrying out maintenance work at a wellhead platform in May 2015. Source: Ardent.|
“Decommissioning can be daunting—the cost uncertainty, the colossal project scope, and the unknown long-term liabilities. The consortium helps to reduce the overall cost, time, and liability burden for operators and allows them to focus resources on more fruitful activity, knowing that their decommissioning project is in safe hands. As experts in asset and risk management, and a number one provider of verifications services, this approach will assure safety, efficiency and reputation.”
Ardent’s CEO Peter Pietka said, “We bring to the consortium over 150 years of maritime retrieval experience, as a global leader in salvage and wreck removal. … We are in the unique position of being able to apply techniques and learnings from other sectors such as marine wreck removal to improve how to tackle the increasingly important challenge of decommissioning offshore oil and gas infrastructure.”
The consortium is set to deliver decommissioning activities with end-to-end project management and execution for operators that include best practices from other sectors such as float and tow, used widely in salvage.
John Cox, global decommissioning lead at WorleyParsons, said, “The value for industry is that our combined expertise covers the full decommissioning lifecycle. We have the unique capability to become well duty-holders and take title of offshore structures plus we offer independent assurance throughout the decommissioning process.”
North American Shale Activity Gives Boost to OFSE Business
The oilfield services and equipment sector, while optimistic, has not yet seen the effects of the improved oil price in the recovery of its overall business.
Gas Flowing From Ichthys LNG Project
The long-awaited Ichthys LNG Project off Western Australia has finally started gas production. LNG liquefaction is expected in a few weeks.
Total Begins Production at Kaombo Deepwater Project
Sanctioned in 2014, the project is the largest deepwater offshore development in Angola. It will produce an estimated 230,000 BOPD from six different fields at peak.
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.
01 August 2018
30 July 2018