DecomWorld: Major operators in decommissioning talks

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According to sources at DecomWorld; operators including Shell, BP, Talisman, ExxonMobil, ConocoPhillips and Chevron are meeting to discuss the latest decommissioning challenges in the North Sea. They know that preparation now is vital in this £24-30billion industry.

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Sources at DecomWorld state that with mature fields becoming less economically viable, the North Sea decommissioning industry will witness 120 installations being decommissioned in the southern North Sea alone over the next decade - some 10 to 15 fields per annum. This makes the next two years the most important for operators to prepare for greater competition within the supply chain and for service providers to formulate contract-winning business plans.

DECC is hiring more staff to cope with the demand for approvals, resulting in more programmes on the horizon for decommissioning service providers. DECC will be meeting the key operators at this year’s 8th Annual North Sea Decommissioning Conference to share their knowledge on cost saving, time efficiency, safety and environmental challenges.

Furthermore, they will be joined by experienced specialists in the decommissioning industry such as TETRA Technologies, AF Decom, DeepOcean and Weatherford. These service providers are winning ever more contracts, so now is the time to learn from the best and drive business development forward.

Thorough preparation and a clear understanding of what lies ahead is vital for operators and contractors to cope with a more demanding industry. In order to do that, recent challenges impacting offshore decommissioning must be understood, including:

  •     Well plugging and abandonment
  •     Supply chain management
  •     Salvaging and recycling options

DecomWorld is helping to tackle these major issues at the heart of offshore decommissioning at their 8th Annual North Sea Decommissioning Conference. There will be unparalleled participation from key government departments combined with ample expert insight, plus the latest business opportunities, new technologies, financial issues, projects going ahead and lessons learnt.

The conference is taking place in Aberdeen, Scotland, on November 15-16, 2011. For more information follow:

There you will find more details including the conference agenda, speaking organisation and registration options.

If you have any questions, please get in touch.

Jack Shillito
Senior Industry Analyst


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Jack Shillito
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