Navigating the pressures of burgeoning decommissioning liabilities of North America and the Government-flagged urgency for immediate action, Petrofac recently initiated the 'Boomerang' project, mobilising a team to take over custody of the field in only a month.
The company's extensive experience and industry connections allow it to equally leverage the local and global supply chain, thus offering a resonable and customised service with the best suited equipment and crews, in a very tight and competitive market. Such measures helped Petrofac deliver the significant Danos decommissioning project in the Gulf of Mexico by collaborating with more than 250 vendors. It saw Petrofac tackling end-to-end decommissioning services, from project management, planning and engineering to procurement, field execution oversight and fast-tracking mobilisation of industry-leading experts.
To achieve cost efficiency that forms the core of Petrofac's approach to decommissioning, the company resorts to new approaches and innovations to match the project scale.
For instance, deploying compact, low-cost crews for pre-decommissioning activities, involving diagnostic and wellhead maintenance work can ensure better planning, permitting and cost estimating.
Other economic ways employed by the company includes well work delegation to groups of 3-6 people, alongside equipment upgradation, crew utilisation and ensuring minimal non-productive time.
“This significant contract recognises our industry-leading decommissioning programme management experience and our unique in-house capability to manage all well and asset decommissioning phases.
“Four decades of global expertise will be applied to the project, complemented by our already strong onshore presence in Texas,” said Iain Murray, President, Americas, Asset Solutions.
