Ocean services provider DeepOcean has collaborated with well management and reservoir specialist EXCEED to supply vessel-based well plug and abandonment (P&A) services to the global decommissioning market.
The partnership will offer operators turnkey P&A service for decommissioning projects under a single contract, with services including equipment, planning, execution and close-out, leaving a full audit trail to ensure optimum repurpose and re-use of retrieved assets.
“Compared to rig-based P&A, we believe this partnership can deliver significant time and cost benefits to operators’ decommissioning projects. Our complementary service offering has already proven that it can provide a comprehensive, best in class solution to well decommissioning. We are excited about further developing our relationship with EXCEED,” said Olaf A Hansen, Managing Director, DeepOcean Europe.
The partnership has recently-completed a multi-well, vessel-based P&A campaign on behalf of Serica Energy, saving significant time and costs as well as reduced CO2 emissions compared with rig-based P&A activity.
“By pairing DeepOcean’s subsea engineering competence and diverse global fleet of vessel with EXCEED’S specialist range of well decommissioning expertise, we can offer the international decommissioning sector a world-class vessel-based well P&A service. Forged in the North Sea, we look forward to continuing this relationship by commencing another multi-client, multi-well campaign later this year,” commented John Anderson, Commercial Director at EXCEED.
EXCEED’s dedicated vessel-based decommissioning team provides a fully compliant subsea wellhead removal service. Removing post-decommissioning liability, clients also benefit from cost efficiencies via a campaign approach.
“Our joint competence, technology and assets allow this partnership to deliver safe and efficient offshore operations to clients both here in the North Sea and further afield. We look forward to cooperating with our clients to develop multi-well campaigns that will deliver significant cost and time savings,” remarked Robin Mawhinney, Managing Director of DeepOcean’s UK operation.
