DeepOcean and Exceed partner for vessel-based P&A

The offering includes equipment, planning, execution and close-out, leaving a full audit trail to ensure optimum repurpose and re-use of retrieved assets.

“Compared to rig-based P&A, we believe this partnership can deliver significant time and cost benefits to operators’ decommissioning projects. Our complementary service offering has already proven that it can provide a comprehensive, best in class solution to well decommissioning. We are excited about further developing our relationship with EXCEED,” says Olaf A. Hansen, managing director, DeepOcean Europe.

The partnership has recently-completed a multi-well, vessel-based P&A campaign on behalf of Serica Energy. This campaign resulted in significant time and cost-savings as well as reduced CO2 emissions compared with rig-based P&A activity.

“By pairing DeepOcean’s subsea engineering competence and diverse global fleet of vessel with EXCEED’S specialist range of well decommissioning expertise, we can offer the international decommissioning sector a world-class vessel-based well P&A service. Forged in the North Sea, we look forward to continuing this relationship by commencing another multi-client, multi-well campaign later this year,” says John Anderson, commercial director at EXCEED.

“Our joint competence, technology and assets allow this partnership to deliver safe and efficient offshore operations to clients both here in the North Sea and further afield. We look forward to cooperating with our clients to develop multi-well campaigns that will deliver significant cost and time savings,” says Robin Mawhinney, managing director of DeepOcean’s UK operation.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/12112024/deepocean-and-exceed-partner-for-vessel-based-pa/