Topic: Decommissioning

Neptune Energy awards major decommissioning contract across eight North Sea fields

Region: North Sea
Content Types: Report
Date: Sept, 2022

Well Safe ProtectorNeptune Energy has announced the award of a US$30mn decommissioning contract to Well-Safe Solutions, for a campaign covering more than 20 wells located across eight Dutch and UK North Sea fields.

It is the first multi-region, multi-well decommissioning campaign award by Neptune to a single rig contractor.

Well-Safe Solutions’ Well-Safe Protector jack-up rig will carry out the plug and abandonment of a minimum of four subsea and 17 platform wells located in Dutch and UK waters.

Neptune Energy’s Managing Director in the Netherlands, Lex de Groot, said, “Safely decommissioning assets at the end of their economic producing lives is an important part of our work. We plug and abandon wells, taking everything with us and leaving the seabed in a clean state. That is our responsibility and we don’t take it lightly.”

“Working with a single rig contractor for this extensive, cross-border decommissioning campaign is an innovative way to reduce time and cost.”

Duncan Morison, Rig Manager of the Well-Safe Protector, commented, “The Well-Safe Protector boasts a large volume of deck space for tubing, casing and conductor recovery, allowing effective batch operations and will help Neptune Energy realise considerable operational savings.”

The Well-Safe Protector is scheduled to mobilise in Q1 2023 to the Dutch and UK sectors for P&A operations in the fields.