DecomWorld-BOEMRE Meets 22 Offshore Operators to Discuss Decommissioning Activity in the Gulf of Mexico

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On March 14 – 16, more than 500 leading offshore decommissioning industry stakeholders will come together to discuss the challenges of, and share latest experience on, decommissioning and well plugging and abandonment activities in the Gulf of Mexico. Decommissioning’s premier meeting offers industry professional’s a unique opportunity in this changing offshore discipline to network with peers and share business critical information.

Vice President for Decommissioning with BP, Gunther Newcombe has stated that the D&A Summit is “an excellent venue for meeting likeminded operators and contractors.”

The Bureau of Ocean Energy Management, Regulation and Enforcement, (BOEMRE,) will have more than 10 senior representatives on site to update the industry on the impacts of the Idle Iron NTL, the game changing regulation that could cause a 25% spike in activity over the next 3 years in the region.

This spike could come at a cost of as much as $3.5bn in a market already worth between $30 - $40bn. Operators with decommissioning liability must develop strategies which will both ensure compliance with the BOEMRE and allow them to manage their portfolios in a cost effective, time efficient and safe manner. From this end the D&A Summit is a business critical tool. Edgar Anderson, President of Maritech Resouces stated, “the conference is a great exchange of decommissioning technology and best practices that are much needed in this time of increasing decommissioning efforts.”

With this in mind, Apache Corporation and Chevron, who hold in excess of $4bn of decommissioning liability between them, will be sharing their latest experience on detailed cost estimation analysis and project planning respectively. These leaders in class will be joined in presenting at the conference by a host of operators such as Anglo-Suisse Offshore Partners, BP, Maritech Resources, Shell, Stone Energy & Taylor Energy.

Vice President for Decommissioning with BP, Gunther Newcombe has stated that the D&A Summit is “an excellent venue for meeting likeminded operators and contractors.”

As many as 14 other National, Major & Independent oil companies from around the world are congregating to benefit from the lessons shared which range from deep-water decommissioning, risk mitigation, ranking models, hurricane preparedness, supply chain analysis and a detailed look at a host of technology requirements.

The BOEMRE and leading operators will be joined by more than 200 decommissioning contractors who will be keen to promote the latest developments in decommissioning technologies and services. John Muller, Project Manager with Boh Bros Construction commented that, “This is a great opportunity to meet & interact with people and companies that you may not know how to reach in the everyday world.”

The conference includes a 50 space exhibition area that will allow delegates the opportunity to interact directly with the leading service providers.

The Decommissioning & Abandonment Summit is now recognised as the number one meeting point for this industry, attracting the largest number of decommissioning professionals of any meeting of this type globally. As a result, in 2011, many associated organisations are taking advantage of the opportunities the conference presents.

Both the International Marine Contractors Association and the Offshore Operators Committee have supported the D&A Summit in the build up to the March meet. On site workshops run by both the Decommissioning Operators Group and the International Association of Oil & Gas Producers will be taking place, as well expert led training and international opportunities workshops, all of which will add significant value to the delegates on site in Houston.

Conference Director, James Taylor, commented “It’s amazing to see how this conference has grown since the augural 2009 meeting. Each year the conference has grown in attendance by between 30 – 60%. I think this goes to show the importance of the topic to both operators and contractors alike. There is recognition in the offshore industry that in order to protect their legacy, decommissioning activity has to be executed safely and in an environmentally sensitive manner.”

If you would like to find out more about the conference, visit the website at http://www.decomworld.com/decommissioning

James Taylor

Director
DecomWorld
jtaylor(at)eyeforenergy(dot)com

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Tony Jack
DecomWorld
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