Bureau Veritas Publishes UKCS Decomm Guide
Bureau Veritas, a provider of testing, inspection, and certification services, launched its latest decommissioning guide on 23 May.
"Decommissioning on the UK Continental Shelf – An Overview of Regulations" provides up-to-date guidance in the regulations that apply to decommissioning work, from operators and stakeholders to the supply chain.
This detailed guide describes the necessary procedures for operators and duty holders to plan, execute, and follow-up decommissioning work and help them comply with the relevant legislation.
Having a firm understanding of the rules and regulations that should be applied across the breadth of activities when undertaking a decommissioning project is key to successfully delivering on these type of large-scale projects.
Paul Shrieve, chief executive North Sea offshore operations and marine and offshore operations director, said, “Bureau Veritas decommissioning services cover all types of assets in an offshore field, whether platforms are floating or fixed. As experienced decommissioning engineers and inspectors, Bureau Veritas has worked closely with dedicated partners in HSE services and plugging and abandoning assurance, and have built a wealth of knowledge that we feel is vital to share in order to support all those involved in North Sea and global decommissioning projects.”
Better Abandonment Cost Estimates Yield Improved Project Valuations
Developing an asset requires key investment decisions to be made early in the process, and as a result, some critical cost evaluations—such as abandonment—are often ballpark estimates. Adjusting the parameters for evaluating these costs can lead to more-accurate project valuations.
Equinor Plans Extension of Statfjord Field
The plan will extend production of the largest field on the Norwegian Continental Shelf to 2040, while also deferring plans to decommission the Statfjord A platform. Statfjord A was originally scheduled to be decommissioned in 2022.
Perenco Receives Approval for Pickerill Decommissioning
With production declining and a nearby terminal closed, UK authorities have given the nod for decommissioning to begin on the aging North Sea gas field. Perenco has been in operation since 1992, with Perenco taking over as operator from BP in 2003.
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