Offshore decommissioning in South East Asia: key themes for 2016
In order to aid this, DecomWorld has announced that they are to hold the Decommissioning and Mature Wells Management Conference in December 2015, to arm operators and service companies in South East Asia with knowledge on how to permanently plug wells and remove offshore facilities safely.
So why is decommissioning becoming such a focus? And what are the key things you should be aware of? Read on to find out…
How can a regulatory regime which supports decommissioning be put in place in South East Asia?
Oil and Gas UK have become a world-class industry body and have created guidelines that will help operators through various parts of the process – these include a strict legal framework of national, regional and international regulations on how disused facilities are decommissioned. You can read a summary of the Oil and Gas UK regulatory update on our blog.
There is also the recently announced ASCOPE Decommissioning guideline for Oil and Gas Facilities which will ensure that relevant National Oil Companies operate in accordance with international laws and regulations when it comes to decommissioning. It has been said that ‘the guideline aims to establish a balance between environmental protection, cost, safety and technical considerations in accordance with applicable global and regional conventions.’
P&A AND DECOMMISSIONING ACTIVITIES: COSTS
It could be said that operators in South East Asia are fortunate when it comes to decommissioning, as they can look to the experience of North Sea operators to get an understanding of decommissioning costs. Costs of decommissioning in the UK are very well known and have been documented extensively by the UK’s Department of Energy and Climate Change (DECC) and Genesis.
The growing market in South East Asia can also look toward Oil and Gas UK who have created a guidance document that covers each stage of the decommissioning process, including the associated costs. With this, there should be very few unknowns for operators in the region.
LOCAL OPERATOR AND CONTRACTOR EXPERTISE
As the talent for successful and safe decommissioning and abandonment services does not yet exist in local markets in South East Asia, there is an opportunity for long-established companies from other areas of the world, such as Claxton, which has more than two decades of experience of working in the region.
The UK has been described as a world-class decommissioning hub, with a unique opportunity for oil services within the UK to take their specialist skills and expertise in safe removal and recycling of oil platforms and pipelines to South East Asia.
Why not take a look here to find out about how Claxton performed the world’s first ever rigless well abandonment.
Decommissioning Case Study Pack
The Claxton offshore decommissioning case study pack showcases our vast experience of delivering successful decommissioning projects.