OILENCO Ltd, a market leader in creative well intervention and plug and abandonment (P&A) solutions, has been awarded a contract for the provision of engineering and manufacturing services for a major North Sea operator.
The contract will see Oilenco provide well intervention and downhole equipment throughout a 52 well subsea plug and abandonment campaign, as well as their range of in-house services including engineering, CNC machining, test, assembly, maintenance, and offshore engineering services.
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Oilenco will also oversee inventory management, spares, and storage services at their head office facility in Westhill, Aberdeen for the duration of the contract.
Oilenco have been providing P&A tooling solutions to the UKCS for over 6 years. With hybrid plugs, remote opening devices, and scale remedial solutions in their extensive rental fleet, the P&A market is a significant growth area for the company.
Blair McCombie, Operations Director, Oilenco Ltd, commented: “this contract award is an outstanding achievement for Oilenco. Not only does it demonstrate our capability to provide high-quality P&A solutions, but our clients will benefit from our breadth of knowledge and experience in this market. As Oilenco celebrates turning 15 this year, securing this contract and being part of this significant P&A campaign is a fantastic way to kick-start our celebrations.”
