Dutch offshore services provider OOS International joins the already successful consortium, alongside industry leaders Lloyd's Register and Worley, providing operators with fully managed end-to-end decommissioning, from late life through to post removal monitoring.
By pooling their considerable experience, global footprint and now heavy lift capabilities, the consortium has added further weight to its proven ability to reduce operators' decommissioning burden, risk and cost, all through a single interface.
There's still big business in offshore decommissioning but it carries risks
An estimated £67 billion is expected to be spent on decommissioning globally over the next decade (Wood Mackenzie), with approximately £14 billion in potential decommissioning commitments over the next five years across Northwest Europe alone (source: Rystad Energy ServiceCube), costs which industry and the regulator have pledged to reduce.
"Decommissioning, for many, remains an uncertain cost burden, potentially even more so in the current climate." says Julie Copland, LR's Decommissioning lead. "What is certain is that, with our combined expertise, unique ability to take well operatorship and duty holdership, and now ready access to heavy lift assets, our consortium can help operators across the North Sea, Gulf of Mexico and Asia Pacific reduce the risk and cost of decommissioning whilst safeguarding their reputation."
De-risking removal and disposal for operators
OOS' fleet comprises of stable and dynamic semisubmersible dual crane vessels, the OOS Serooskerke and the OOS Walcheren, each have an accommodation capacity of 750 POB and a lifting capacity of 4,400 tons in waters up to 3,000 meters depth. In addition, the TBB OOS Zeelandia is equipped with two cranes with an impressive lifting capacity of 12,500T per crane.
"Aligning assurance, project management, and safe, fit-for-purpose removal and disposal can make decommissioning daunting," says Léon Overdulve CEO, OOS. "We already provide full turnkey decommissioning services. Now, as part of the consortium, we can provide economies of scale, reduce duplication of effort, adopt campaign approaches and enable schedule flexibility, further reducing cost uncertainty and scope for operators."
John Cox, Global Decommissioning Lead, Worley [Intecsea], says: "As a consortium, we have completed successive offshore decommissioning projects, globally, from the Middle East and Asia Pacific to North America. We've supported operators and regulators with decommissioning and plugging and abandonment plans and guidelines, abandonment liability and expenditure evaluations. We're actively involved in a number of full work scope provision projects. Operators see the value of our combined expertise across the full decommissioning lifecycle, because it works."