Topic: P&A

Norwegian P&A alliance formed

Region: North Sea
Content Types: Report
Date: Oct, 2021

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Odfjell Well Services and Odfjell Energy have announced the launch of a plug and abandonment (P&A) and slot recovery alliance alongside companies within the energy industry.

The agreement has an initial duration of two years with an option to be extended. It has been titled, the ‘Odfjell Collaboration Alliance’.

The aim of this alliance is to provide a complete service offering of rig, modular rig, jacking unit, wireline, plugs and all other services needed to successfully execute projects within P&A or slot recovery operations. The focus will be initially in the Norwegian market, with ambitions to expand beyond the Norwegian Continental Shelf.

Kurt Meinert Fjell, senior vice-president of innovation and development, Odfjell Energy, commented, “We are delighted to announce the launch of this strategic alliance, a move which will provide a high-quality oil service solution within the energy market.

“Each member was chosen for their strong history, forward-thinking approach and commitment to quality, and brings their unique area of expertise to support the P&A or slot recovery activities. We are confident that the multi-operator approach will lead to cost-effective solutions that will benefit our clients.”

The Odfjell Collaboration Alliance is managed by Odfjell Energy and Odfjell Well Services. The members include TCO Group, Ardyne, Wellstrøm, Altus Intervention, Control Cutter, JWS Gruppen, Tyrfing Innovation, InterWell and Innovar Solutions.