Wednesday 10 October 2012

Oil & Gas UK Publications to Help Improve Efficiency of Decommissioning Market

Oil & Gas UK is today releasing several documents which aim to help the industry prepare for forthcoming decommissioning projects and increase the efficiency of processes involved. The publications are to be launched in St Andrews in Scotland at the annual Offshore Decommissioning Conference which this year is sponsored by Ernst & Young LLP.

Paul Dymond, Oil & Gas UK’s operations director and co-chairman of the Offshore Decommissioning Conference, said: “While investment in new oil and gas projects on the UK continental shelf is soaring, decommissioning is becoming an increasingly significant activity for operations. Oil & Gas UK aims to share the experience gained and lessons learnt so far and to help ensure that future projects are enabled by a supply chain ‘at the ready’.”

To aid the preparedness of the high technology supply chain, details of business opportunities presented to contractors by decommissioning are highlighted in Oil & Gas UK’s ‘Decommissioning Insight 2012’. Oil and gas companies’ decommissioning plans, which are worth £4.5 billion in the next five years alone, are presented by the type of good or service that will be required. Databases of the platform and subsea structures still to be decommissioned in the UK offshore are also being published on Oil & Gas UK’s website.

Commenting on the report, Derek Leith, Ernst & Young's senior partner in Aberdeen, said: "The Decommissioning Insight 2012 will be a useful document for both operators and supply chain.  With decommissioning activities now beginning to materialise, and the Government's consultation on achieving fiscal certainty concluding on October 12, there is considerable interest in this area." 

Lessons learnt from past decommissioning projects are gathered in the report on ‘The Decommissioning of Steel Piled Jackets (SPJs) in the North Sea’, which reflects experience gained in the 52 projects executed to date. The report also highlights advances that have been made in health and safety, environment and technology as well as the technological challenges that still remain in decommissioning SPJs. 

Mr Dymond concluded: “The 300 people who are participating in this week’s conference will hear from an expert line-up of speakers on the state of the decommissioning market in the UK, experience from across the North Sea, late life operations and planning as well as platform well plugging and abandonment. The documents launched at the conference will be of use to delegates and to the wider community of operators and contractors involved in the decommissioning process.”

Ends

Notes to Editors

  1. Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its growing membership, which now numbers over 280, comprises approximately 50 operator and 230 contractor companies ranging from major global companies to SMEs.
  2. Available to download from Oil & Gas UK's website are the:
    1. Decommissioning Insight 2012
    2. Decommissioning of Steel Piled Jackets (SPJs) in the North Sea report
    3. databases containing details of the platform and subsea structures still to be decommissioned in the UK offshore
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