Well-Safe Solutions has been awarded a new contract to provide full Well Operatorship and asset execution for an unnamed client in the North Sea.
The contract scope will see the company undertake operations management of the well decommissioning, including initial subsurface analysis and well design engineering, followed by rig, service, and support vessel provision.
This marks the first Well Operatorship awarded to the company, providing a pivotal step for Well-Safe Solutions’ expanding service offerings across the well lifecycle.
The logical step forward enables more efficient well management through fully integrated package offerings – with owned assets, engineering and services under a single contract.
Phil Milton, CEO of West-Safe Solutions, said, “It has always been our plan to position the business to be able to fulfil the role of Well Operator for our customers and we are grateful for the opportunity to do so under this new contract. This contract, and the Well Operator appointment, recognises our credentials as a cost and schedule3 efficient partners with an outstanding safety record. With our market-leading assets, technical expertise and project management capabilities, we are ideally positioned to provide full Well Operatorship responsibility in the North Sea.”
This contract award represents the fourth major contract win for Well-Safe Solutions this year, following three previous North Sea decommissioning projects.