Well-Safe Solutions secures multi-year contract with EnQuest

The firm scope, expected to generate revenue in excess of US$45 million, will be executed using the Well-Safe Defender and consists of a minimum of 100 days of activity in 2026 and a minimum of 130 days in 2027. The contract also includes options for further activity between 2028 and 2034, creating a multi-year strategic partnership and securing vital supply chain resources in the North Sea well into the next decade.

The award represents a major milestone for Well-Safe Solutions - reinforcing its position as a leading player in the UK decommissioning sector. It also reflects the company’s strategic evolution, including its 1H 2025 shift to offer full well lifecycle services in response to growing demand for integrated, multi-phase campaigns.

Phil Milton, Chief Executive Officer at Well-Safe Solutions, said: “This contract is a testament to the trust our clients place in us and the consistent performance of our teams. It marks a pivotal moment in our journey and sets the tone for the next phase of our growth.”

While 2025 continues to be a challenging time across the sector, this award marks a significant turning point. The industry is preparing for a forecasted increase in demand from 2026 onward, at a time when the availability of mobile offshore drilling units (MODUs) has contracted sharply. With only seven semi-submersibles currently in or near the region - many of which are either committed long-term or stacked - market capacity remains constrained.

“This contract award reflects not only Well-Safe’s technical capabilities but also its ability to respond to market needs with agility,” added Chris Hay, Chief Commercial Officer. “We’re proud to support EnQuest in this critical campaign and look forward to delivering a safe and efficient operation.”

The contract award follows the successful completion of decommissioning campaigns with a number of other UKCS clients with the Well-Safe Defender and Well-Safe Protector, and underscores Well-Safe’s reputation for operational excellence. Since its mobilisation in April 2023, the Well-Safe Defender has consistently delivered top-quartile performance, thanks to the dedication and collaboration of both offshore and onshore teams, with rig uptime remaining in excess of 98%.

Commenting on the contract award, EnQuest’s North Sea Managing Director, Steve Bowyer, said: “EnQuest is delighted to have chosen Well-Safe Solutions to support the next phase of our Group decommissioning plans.

"Having completed the plugging and abandonment of more than 35% of all wells decommissioned across the northern and central North Sea over the past three years, EnQuest is proud to be one of the most prolific decommissioning operators in the North Sea, employing innovative technologies and operating techniques to deliver top-quartile decommissioning performance.

"Accordingly, we look forward to executing the upcoming activity in a safe and efficient manner, alongside the Well-Safe team.”

Read the article online at: https://www.oilfieldtechnology.com/hse/07082025/well-safe-solutions-secures-multi-year-contract-with-enquest/