THREE60 Energy, a leading independent energy service company offering complete asset life cycle expertise, has been awarded a multi-million dollar well decommissioning contract in Europe.
As announced on social media, the new contract will see THREE60 Energy plug and abandon 13 injection, production and observation wells in the UK and Europe.
The company will utilise its well decommissioning team to deliver the plug and abandonment designs, prepare operational planning and supervise the offshore execution, which includes the management of the jack-up rig and well abandonment subcontractors.
Nick Ford, Wells UK Managing Director at THREE60 Energy, commented, “With our strong track record of offshore delivery and well abandonment we bring almost 20 years of the technical skills, capabilities and experience needed to successfully deliver this significant well decommissioning project offshore Europe.
Walter Thain, CEO at THREE60 Energy, added, “This contract clearly demonstrates the opportunities available for supply chain companies globally, especially within decommissioning, and is a great example of transferring our competency and capability across multiple geographies.”
