Thursday, July 18, 2019

Well-Safe Solutions secures contract for North Sea decommissioning project

From left - Bogi Vang, Deputy Country Manager UK & Senior Financial Adviser at DNO North Sea and Phil Milton, CEO at Well-Safe Solutions
From left - Bogi Vang, Deputy Country Manager UK & Senior Financial Adviser at DNO North Sea and Phil Milton, CEO at Well-Safe Solutions

Well-Safe Solutions has been awarded a major contract to decommission up to twenty-one wells on the Schooner and Ketch fields in the UKCS, operated by DNO North Sea (ROGB) Limited, a wholly owned subsidiary of DNO ASA.

The Schooner and Ketch fields, located in the UK Southern North Sea, ceased production in August 2018, with 20 platform wells and a single subsea well. The project will start immediately with a plan to commence offshore operations at the end of 2019. The campaign is expected to last approximately two years.

In Oil and Gas UK’s 2018 Decommissioning Insight report, the cost of decommissioning a subsea well in the southern North Sea is around £5.35 million, compared to £1.7m for a platform well.

Phil Milton, chief executive at Well-Safe Solutions said: “This is a fantastic achievement for Well-Safe, allowing us to build a continuous programme of work through campaign-based approach and realising the associated benefits.”

Well-Safe will be responsible for the delivery of key aspects of the project including engineering,  contractor management and logistics with DNO retaining well operatorship.

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