Director Oil & Gas - UK, Africa
The ongoing importance of decommissioning activities in the UK and industry forecasts predicting spend of £19.73bn between 2022-2031 (with £1.83bn spend per year up to at least 2025), 48% of which will be spent on well P&A. Forecasts also indicate that over 2,100 wells will be decommissioned over the next decade.
Additionally, the UK regulator is continually looking for overall reductions in per well P&A costs, driven by innovation, new technology and operational efficiencies. Therefore, the UK market is continually looking for well P&A solutions and Norwegian companies can clearly play a leading part in delivering innovation and efficiency.
With this in mind, NORWEP is hosting a well P&A Workshop with a number of partners on 26th September at the Village Hotel in Aberdeen, with the intent to showcase Norwegian P&A capabilities. The workshop is sponsored by Odfjell Technology.
The Workshop will be followed by an early evening drinks reception in collaboration with Nordic Scot Business Network.
Contact us for more information and registration.